The daily star-mirror. (Moscow, Idaho) 1911-1939, 1921-12-13
OUR GOVERNMENTS FIRST
BUDGET

Congress has received the first es-
innate that has not been padded by
lative Director Dawes has rendered
a reasoned and closely figured esti-
mate of the national expenditures for
the fiscal zeal of 1929.
He hints that the presented figures
a not safely be cut. Reduction of
expenditure began at the executive
end. 1t started with the expenditure
for the year that ends next June. A
reduction of $3.50, 000, 900 in expendi-
lures already authorized was effected.
Then the executive Or the budget
bureau achieved a reduction of $780,
OO0, 900 in the estimates for the fiscal
veal that will end on June 80, 1928.
denomination accounts only per-
TALLY for this cut of half a billion
from a budget already cut to the
bone. The larger half of the reduc-
ton now attained is owing to a
change in fiscal policy. Certain
spendings have been postponed. The
new method introduced by the direc-
tor of the budget is that congress
shall appropriate only such sums as
are to be expended during any fiscal
year
A monumental work has been per-
formed It's possibilities are immeas-
urably important. The trail has been
broken for carrying on the govern
ment's huge business in accordance
with the principles and methods of
good Observation-Disclosures.
The town Of Nezperce suffered a
bank failure about a month ago
which, as is always the case, was a
hard blow to the community. There
are always some compensations, how
ever, and in this case the compensa-
ton is the bringing to light of eight
of whom any community
might be proud These citizens are
eight directors of the bank, who did
everything possible to tide the bank
over the crisis, even to voluntarily
over their farms, and other
property, although the law did not
that they do SO. The state
bank commissioner, as a meeting of
he stockholders of the defunct in
'titution, held last week, paved these
nen a public tribute of which any
a might be proud and the Nezperce
Herald refers to them editorially as
heroes. The bank failure
vas a hard blow to these men, but
hey come out of it real men, with the
aspect of all who know Of their eff
to save the institution with
they were connected.
"a "a p
The prices Of farm products are
own, close to the 1914 level. That ,
be fine if other commodities 5
ere down in proportion. but high /
ages still prevail in the cities in all
mes. This means that the manufac- S
lrer and wholesaler must continue
charge the country merchant high !,
rices for his goods. The country !.
erchant in turn must charge the :
in proportion to what he him n
IL pays to the manufacturer or F
holesaler. Very simple and easily F
l%derstood, but anything but salts II
Glory to the farmer-Nez Perez =
erald. II
"a EA - -
The latest thing to strike the coun- h,
is an epidemic of Jail breaking ta
II the past few days every paper III
ntains a story of one or more SEN
tional jail breaks, with occasional sa
a murder in connection. 1t would =,
I'm that those in charge of a Jail, or ~
would take warning and r,
ard against the possibility of one dc
n disarming a bunch Of guards and Fl,
king the warden and the guards in gu
Is and then taking charge of the oil