The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1908-01-15
ECONOMY THE CRY
IN THIS CONGRESS
Deficiency of ss3,0o0,o0O Unless
There's Retrenchment.
NO NEW PROJECTS POSSIBLE
No Need. For Bond Issues-$100,.
100000 to Be Provided For In.
crease of the Army and Navy and
For More Pensions.

Washington, D. G. Chairman
Tawney of the House Committee on
Appropriations, just appointed by
Speaker Cannon, effected it's organiza-
ton by the appointment of sub-com-
mittees as follows:
Sundry Civil - Tawney, Smith,
Brownlow, Fitzgerald and Sherley.
Legislative - Bingham, Gillett,
Brick, Livingston and Burleson.
District of Columbia-Gardner,
Madden, Vreeland, Burleson and
Bowers.
Pensions-Keifer, Gardner, Brown
low, Bowers and Livingston.
Fortifications-Smi Graft, Gill
lett, Sherley and Fitzgerald.
Deficiencies - Tawney, Vreeland,
Keifer, Brundige, Jr., and Livingston.
Permanent Appropriations-Brick,
Graft, Madden, Brundige, Jr., and
Burleson. E
At the close of the committees first
meeting Chairman Tawney dictated
statement in which he said:
THE Committee on Appropriations
and Congress are confronted with a
situation which will require very
material revision of the estimates
submitted for public expenditures for
the next fiscal year ended June 80,
1909, in order to keep the appropria-
tions within the possible and esti-
mated revenues of the Government.
"The estimates submitted at the
beginning of the last session Of Con-
gress for the now current year totaled
SS95,960,643. The estimates for the
next fiscal year submitted at the be-
ginning of this session in the book CT
estimates totaled 1895, ,2SS, or an
increase in the estimated eXpendi-
lures for the next fiscal year over the
current year of S1O1,9S8,,645. The
estimated total revenue for the next
fiscal year is $87S, S,123,011, while the
actual revenue, including postal rev.
enue, received during the last fiscal
year, which total revenue was larger
than that of any previous year in the
history of the Government, was only
sS46,725,339.
"It will be seen, therefore, that on
the basis of the estimated expendi-
lures and the estimated revenue for
the next fiscal year, the expenditures
as estimated exceed the prospective
revenue by S11S,826,277. This eX-
cess does not include estimates for
the regular deficiency and miscel-
laneous appropriations, which for the
current year amount to $13,147, ,S99.
Nor does 1t include any new author
lzations for spontaneous expenditures.
From this excess total of $11S,S26,-
277 should, however, be deducted
5,O0O,000, which is included in the
estimated expenditure for the re-
iemption Of National banknotes.
This expenditure is not made out of
the current revenues, but out of the
statutory fund obtained from Ma
tional banks, which fund is not car
rled as part Of the Governments rev.
enueS.
"Deducting the s25,OOO,Oo0 still
leaves a deficiency of SS3,O00,OOO
between the State expenditures and
The estimated revenue, and shows the
necessity for a practical revision OF
the estimates submitted by the sew
eral subcommittee having jurisdlc-
ton Of the appropriations for the next
fiscal year, in order to keep expendi-
lures for that year within possible
revenues, and thus to avoid a de-
iciency.
1T also shows the practical impos-
sibility of Congress at this session au-
!horizing new Governmental services
or the undertaking of new prof jects,
appropriations for which would have
TO be met out of the revenues incom-
Ing for the next fiscal year-unless
other provision is made for meeting
such Administrator expenditures
than to require them to be betrayed
out Of the current revenues of the
Government.
THE situation as it presents it
SELF" said Mr.. keifer, may mean,
after we get down to business, that
not a single bill calling for the erec-
ton of a public building will be fav-
orably reported by the committee.
I am not prepared to say that it Will
happen so, but it may"