The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1919-04-10
WAR Debt JULY |
S24,OOO,00O,OOO
Representative Good Warns Con-
gress and Nation OF Need
OF Economy.
Al BILLIONS FOR WAR.
New House Appropriations Head Re-
views Financial Difficulties to Be
Overcome--Governm Needs
$1,000. 900 900 Coming Year.

Washington. Unless the American
people are aroused 10 the need for a
businesslike administration Of public
affairs and the strlctest watch over
the government purse string even 81,
100000 600 Congresses Will be moth.
Ing compared with the annual appro-
priatlons which will be necessary.
This is the forecast made by Repre-.
sentative Good (Iowal, who will be
chairman of the House Appropria,
tons Committee when Congress is
convened
In Mr.. Goods opinion the country
will never return 10 The basis Of pre-
war expenditures and appropriations
This, he said, is largely due TO the
necessary continuance of some war
activities and the strong pressure GER
tain TO be brought to keep in existence
many others whose usefulness is ex-
tremely doubtful. Interest on the debt
OF the nation alone will amount 10
more than sl,00OO00,000 also. he de-
clared.
In a comprehensive review Of the
appropriations of the government dur
ing the war period Mr. Good says that
the total for the next fiscal year, as
nearly us it can be figured before the
appropriation bills which failed at the
last session are enacted By the next
Congress, will be more than $4,000
100000 and that the net anpropria
tons during the war and for the fiscal
year 1920 will be jast beyond SAT, 00O.-
100000.
Mr.. Good estimates the receipts of
the government from customs and In
ternal revenue for the same period at
S16,657 1913 ,503 and the sale of bonds,
notes and War Savings Stamps ut
$50, SSS, 954 ,455, total Of receipts Of
$40, 546,7 77,0G9. He says July ! will
find the United States with war debt
or SZ4,0OO,UoDOOo.
Tables given by Mr. Good show ap-
preparations enacted by the last Con
gress totaIed 81, 3,SGf.9l4 in regular
bills; in miscellaneous acts $l,117,T13,-
1876 and in permanent and indefinite
measures $2,074, 2SGSS0. He says this
is the status of appropriation bills
that failed of enactment:
Agriculture (passed House) s 1878. 022
Army tpassed House, ....., 1910, 529, 0SS
House, .................... 1903, 7Ol
Navy (passed House,. ..... 720, 1886
Sundry. civil (passed House, S5t.l7l, S49
Third deficiency. fiscal, 1919
(passed House) ..........r 90, 937, 2s5
Indian (conference) ,,,...... 1l,066, 5y7
Railroad appropriation tpassed
House, .................. $50, 900, 900
Total ....i,.............sS 50. AIS, 26f, 522
Mr.. Good points out that in addition
to these measures an appropriation of
$S29, 1915, 293 is necessary to meet a
deficiency In the general approprla.
tons In the quartermaster department
and that $1,J00,0000O0 will be needed
for additional appropriations to dis
charge war contracts and make loans
already authorized to the allies. This
brings the total up to so, sos,
049.
"T'he revenue out of which these ex-
traordlnary expenses must be met,
said Mr.. Good. will be obtained from
our customs duties. income taxes and
other internal revenue receipts, postal
receipts and miscellaneous receipts, In
Guiding interest from foreign govern
ments and canal tolls, which in the ag
gregate should yield about So, 600
600.
"The appropriations to supply de-
flciencles In the various departments
are chargeable against the fiscal year
ended June 30, 1919"