The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1918-05-27
$35, 5,OOO,OOO,0OO Expected To Be
Voted by This Body.
New Bill Will Probably Be for
Nearly Ss,OOO,OOO,OOO.
WAR IS The GREAT PURPOSE
Greater Estimates Coming In
Almost Every Day.
Increased Army, Increased
Navy, Demand More Money.
BY L. c. MARTIN.

Washington, May 27.-This prom
ises to be a $4,000, 100000 congress.
Financial experts today, settling
down to prepare the greatest tax bill
in the countrys history-nearly S.
OO0, ZOO, 0,0O0-estimate that appropria-
tions of this congress will shatter all
records for any country in the world,
for a corresponding period.
Great expansion of the army pro-
gram is chiefly responsible for the
stupendous total. Nearly $21 ,OOO,-
0OO,O is in appropriations and au-
thorizations for the army and for
'fortifications. In addition s2,5O0, ,000,-
900 is required for shipping. required
to transport men and supplies over
seas.
The navy gets s1,659, 100000 while
the war finance corporation and the
federalized railroads each get $5Oo,-
100000. Five and half billions were
appropriated for loans to the allies in
the bond bill passed this session. Or
binary appropriation bills have been
considerably increased by war needs,
so that they total S2,449, 1858, 1000. This
makes a grand total based on estimates
submitted to date, of $34,06e. $50, 900.
Growing Bigger Every Day.
That this total will be sent up to
or beyond s35,00O.O 100000 seems GER
tain Nearly every day brings addi-
tional estimates from the war and
navy departments and other branches
of the government directly engaged in
prosecution of the war.
Money appropriated this session is
for the fiscal year beginning July 1.
1918, except deficiency appropriations
to supply deficits in funds appropri-
ated last year. Included in these ap-
propriations are many "authoriza-
tions" which permit departments to
contract ahead, but the actual money
for which will not be spent in the
191S-1919 fiscal year.
The fortifications bill, for instance,
totals now s4,700,000,0O0 in appropri-
ations and s4.261, 100000 in authori-
cations or $S,961, 100000 altogether.
By Bonds and Taxation.
To meet this bill Uncle Sam has
raised more than $4,000,O0O,000 in
bonds and has hundreds of millions
of authorized bonds still unissued; he
has collected, or is about to get $4,
O59, 900, 900 in taxes under existing law
and expects to bring this to $S,000.-
100000 under the new tax bill con-
gress is beginning work on. He has
also a couple of billions in sight from
treasury certificates and short time
notes, not to mention war savings
stamps, which will bring in substan-
tial sum, probably approximating a
billion dollars.
/ This would bring total revenues to
between s15.0O0,000, 900 and $4,000,
900, providing bonds still unsold were
issued. Inasmuch as. the total author
izations and appropriations will not be
spent within the year, this sum, con-
gressional leaders said, will doubtless
see the government thru.
Congress is unhappy but yielding to
the inevitable in the tax bill fight
i Leaders are still hoping that after the
committees have completed the bill
assuring early action, President Wilson
will agree to an adjournment permit
! ting of a campaign recess before tax
| ing up the new measure on the floor
| of the two houses.