The New York herald., 1921-09-07
PRESIDENT REVIEWS
| ACCOMPLISHMENTS
OF ADMINISTRATION
Working Way Out Of We'll
ter of Waste at impress
sive Rate He Writes.
CITES BUDGET CUTTING
immigration Law, Agriclll-
tural Measures and Veter-
ans Bureau Praised.
PEACE ALSO ESTABLISHED
Looks for Assurance Of Good
Wages and General En-
ployment.
CITES BUDGET CUTTING
PEACE ALSO ESTABLISHED

Special Despatch to THE NEw YozK HERALD
New York Herald Bureau,
Washington. ID. C., Sept. g.
President Harding reviews the
history Of the first six months OF his
Administration in letter made pub
lie here to-day addressed to Senator
Medill Mccormick OF Illinois. The
President expressey pride In the
achievements of the Republican Ad-
uinistration for what it has accom-
plished and looks forward to even
greater achievements.
The letter contains recommends
tions for the closing period Of the ex-
traordinary session and dwells upon
the likelihood that the approaching
international conference will reduce
the necessity for military expendI-
lures
BY indirection the letter attacks
the extravaganza OF the last Admin
istration and cites examples Of waste
fulness and ineficiency.
In citing the accomplishments Of
the Administration the President
calls attention to the fact that saw
ings so far made amount to three
quarters Of a billion dollars, when
compared with expenditures for the
last fiscal year; billion and half
less has been appropriated than the
last Administration asked OF Con-
gress. and three billions less than
were expended in the second preced-
ing fiscal year.
saner Times at Hand.
The President ascribes conditions
to the mental attitude OF war times
toward extravagant expenditures In
Government and believes the founda-
tions have been laid for saner hand
ling OF the public funds.
The President is especially pleased
with what has been done to ameliorate
conditions In agriculture and says this
alone would ordinarily have consti-
tuted striking accomplishment for
an entire session.
For the next period OF the extraor-
dinary session he confidently looks
forward to the passage OF the tax and
tariff measures. the bill providing for
the funding OF the foreign debt and
the funding of the railroad debt to the
Government. He anticipates the bill
providing for funding the foreign debt
will be followed by beginning in tho
payment OF interest on these obliga-
tions and that the railroad measure
will develop opportunity for increased
employment.
Gives Credit to Congress.
The full text of the letter to Senator
Mccormick. which will appear In the
Congressional Record tomorrow. fol-
lows:
THE WHITE HOUSE,
wAsHrSGroN, August %, 1921.
NM Dear Senator Mccormick: Thank
you for your letter OF congratulation
on the accomplishment Of the Admin
istration down TO date. You have been
good enough to speak kindly OF the
work which the executive depart
ments have accomplished, as well as
OF that which has been done by the
Congress For myself feel disposed
to emphasize what seems to me the
remarkable achievements Of the ex-
traordinary session Of the Congress
In view OF the fact that during the
war practically no consideration was
given to preparation for the new con-
dItions which would come with the
return OF peace. and that In the two
years after the arnistice there was
hardly any more administrative at
tention to these problems. cannot but
account Il a monumental accomplish
ment which has marked the work OF
the extraordinary session down to the
time OF It's recess. For two years
before the inauguration Of the pres
ent Administration a Republican Con-
gress patiently and assduously la
bored to reduce expenditures. These
efforts. despite that the Administra-
ton was not nj that time In political
accord with the Congress, produced
results which we can summarize In
the statement that the appropris tions
for the current fiscal year VIII aggre-
rate about four and a quarter billion
dollars. and that this Is:
Three quarters OF billion less than
the expenditures for the previous fiscal
year.
billion and half less than the
last Administration asked OF Congress
Three billions less than were appro-
Y,I4 IL