The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1918-09-06
FINANCE PROBLEM
IN EASY TERMS
government Must Have Twenty
four Billions in a Year.
WILL BE RAISED BY SAVING
s'"se" Cents From Each Dollar Each
o"e earns' and the Rest BY Sell.
ing Liberty Bonds to Patriotic
citixens.
WILL BE RAISED BY SAVING
sy LAsERr ct. CLAIR

Ha VI government finances
y just a. complicated N we choose
20 make II. Approached from differ.
emf angles, 1t can be made az bsf,,,n,
As Chinese puzzle or AZ simn,o a.
the operation of an oid-fssh,onad
dasher churn.
II one attempts to delve into the
qualifications Of the expansion Of chr.
rency. and all that sort OF thing he
Is very likely to develop stiR neck
from craning up and down columns
OF ngures and wind up by declaring
that figures lie horribly.
On the other hand, II he faces the
situation In a broad, concrete way
ana compares 1t with the problem az
financing his home, or some similar
everyday expenditure, he can CRASH
and master it as he would the handle
Of the family pump.
Here Is the governments immediate
financial problem In a nutshell In
the next twelve months $24 LOO 900.
GOO probably will be required by the
United States government to meet war
expenses. The total income Of every
person In this country is only about
$oO.OOO.OOO,0OO a year. Therefore. IL
the cost Of the war for the next year
were to be assessed pro rata, every
persons share would be forty eight
cents on every dollar that he or she
earns.
Needed to Beat on Murderers.
Now let US bring the proposition
little nearer home. Suppose that a
band Of murderers. in blood-smeared
uniforms OF gray, having slaughtered
their way through the helpless waves
Of women and children In nearby
cities just as the Hun has done in
France and Belgium. established
themselves in the woods at the edge
OF our town with the fixed purpose Of
! waging slaughter in our midst Then,
II 1t We're announced by the authori-
ties that it would cost forty-eight
cents of every dollar that every earn
er In our town made in the next
twelve months to conduct a defense
against the murderer, that would be
clear, wouldn't it? And if the authori
ties were to 60 further and say that
they would assess sixteen cents OF
this fOrty-eight on persons who could
afford to pay it and accept the other
thirty-two from persons who. out OF
their zeal to aid In the defense OF
their homes and their loved ones
would take the promise of the local
government to repay it, that would be
plain, too.
There isn't bit Of difference be
tween the local case l have described
and the present case Of United States
government The Hun is in the offing
the government needs an average Of
48-one hundredths of everyone's earn
Ing in the next year to conduct its de
tense, and it plans TO raise this none!
on a one-third tax and two-thirds bont
or stamp sale plan. Within the mex
year approximately $SOO000o,0OO will
be raised by taxes and $16,OOO,OOO.WH
by the sale of government securities
Must Be Raised by Economy.
There is the situation, and the ques
ton now arises: How in the land
Goshen are we ever going 10 rails
such a sum as $4,000. 100000: Tn
answer is: Save as We never hav
before.
1t will not be pleasant to skimp our
selves. for we have not been used I
skimping. but We simply shall have I
do 1t. That old S24,0O.Ooo'o0 RI
quirement is going to stick to us hk
burr to pair of mittens, and "
simply must raise ii.
We must practice the same econom
to raise the money with the hun
coo miles away that we would II
were in the grove out at the euge
town. He may be 1900 miles away l
person, but nj every beat his ius.4'
heart spans that gap between you
daughter and mine and his finger
have virulent 5000 mile Itch IL
YOUR money and your farms.
The question of what each Oh y
: must economic on can De seuied on'
In our individual minds and nj OF
own firesides. II the Hun were IN VI
grove literally, would any OF Us as
: orr neighbors what we should sa''
: fee In order TO help raise our tespe
tive shares of the forty-eighi cen
on the dollar? ! think not.
NV notion is that the question ever
patriotic American should ask hliuSe
Is What must ] have! Inc aue''
What can | get along without! is IL
searching enough.
Heber Grin's Story AproPos'
Every time the idea of saving
c,rs 10 me think of old Heller uri'
n character out in my western mum
town who had perennial hap''
,oining church. Just as regular!
revival meeting time roiled ai"""
peher would get himself NIL het
over his sins and, along IN Ihe 70
aa,s NJ the meeting. he would con