South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-12-06
800 MILLIONS
FOR u. S. DEFENSE,
BUDGET PLANS
Two Billion Dollars Are Cut
From Present Expendi-
lures by Dawes.

WASHINGTON. Dec. 8. - Pres't
Harding. although the arms thresh-
hold OF success. gave notice 20 the
world movers today that II a definite
agreement is not reached on limita-
ton OF armament ne believes the
United states should eXpend more
ttan $500. 100000 on tie army and
navy during the fiscal year ending
June 80. 1921
submitting 70 congress the hrst
national budget prepared by Budget
Director Dawes. Harding estimated
that the nations two arms OF de-
Tense should expend 1901. $50, 1O7 In
the fiscal year 1S23-or more than
three times the pre-war appropria-
tions or approximately $3.50 600. 600.
The estimates. which were framed
without regard FOR any limitation OF
armament that may result from the
conference. are about SIS. 5000. 900 less
than is being expended this year.
The president in this respect Is fol-
lowing his policy that the United
States cannot make a big cut in its
military and naval appropriations
until all the powers definitely agree
10 do likewise.
The federal government during
the year ending June 30. 1923, will
cost the people n the United States
approximately &3.500.OOO 900. Hard
ing estimated.
Two Billions Less.
Although this amount Is about
three times the cost OF the federal
government before the war, the
president pointed out that the esti-
mated expenditures for the fiscal year
Of 1923 would be 2.032.2S5,962.
les than the payments from the fed
eral purse for 1921. during which
year he assumed office. The 1928
expenditures. ne said. would be
&462167.639 less than for the pres
ent fiscal year OF 1922.
Harding submitted 10 congress es-
Inmates Of appropriations FOR the
fiscal year OF 1929: and estimated
expenditures and receipts for the
same period. Despite stringent
economy. the government on the
basis OF estimates submitted will face
a deficit OF $167.571,977 as the re-
suit OF 1923 fiscal operations.
Total receipts of the government
during 1928 were estimated at So,
28S.1S2.75O. while expenditures. ac-
tuaI cash paid out Of the treasury
were placed ar S3.5O5. 754.727. APP
preparations asked for today total
SS.SO1. 113. $3.50. but this includes
s576.23sO66 in postal appropriations,
which will be paid from postal
revenues. This leaves a net total OF
S3.224. 75,595.53. The difference be-
tween this amount and the actual
cash expenditures will be made up by
appropriate which continue from
year 20 year.
This year. the budget report shows.
the federal government will expend
S3.967.922. 1855. as compared with So
B3S. O4O.6S9.3O. last year. Receipts
this year will be $3.943.453.6 63. leav-
ing a deficit 10 start the new fiscal
year OF 1928 OF S24.46S, 703 while
receipts last year or $5.624.932.96O. |
exceeded expenditures by sS6.S92.- |
271.61.
The presidents message reveals
that Dawes was able 10 reduce the
FIRST federal budget Sl22806, 3l095
below the amounts asked by the de-
partments.
Dawes Yields Axe.
Under new system installed by
Dawes. ne estimated the actual eX-
penditures from each department
during the next fiscal year and then
presented the appropriations asked
These differ because OF continuing
appropriations which increase the
amount the treasury pays out each
wear above the congressional APP
preparations. This year. this In
crease was nearly 5000 600. 600, but
for 1923 Dawes has cut the cOutinu-
ing appropriations down 70 about
$2S1.OOO.O0O.
The estimated actual expenditures
for the various branches OF the gov
eminent i'm the fiscal years 1922 and
1923 as shown by the president and
Dawes follows.
taa4 1000