Then when the time comes that political exigency shall prevent the appropriation of sufficient amounts from the current revenues to put the proper part of the project through the coming year or the coming two years as economy requires, the question of issuing bonds will arise.
Address at the Sixth Annual Convention of the National Rivers and Harbors Congress
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The truth is that the language of the act is so ambiguous and possibly all-embracing that it is impracticable for the Treasury Department to give an exact estimate as to the diminution in revenue which will follow its passage.
This would impose a heavy burden on the administrative branch of the Government, create disastrous uncertainty in commercial circles, and lead to a burdensome amount of litigation.
The empirical and haphazard character of this bill is shown more clearly perhaps in the amendment to Schedule A than in any other.
Of course if it shall turn out that the most thorough excavation will not disclose the cause we must be content, but as long as there remains unexcavated any portion of the mud and debris within the wreck or its neighborhood from which…
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