Arizona republican., 1921-05-15

penditures. 1t is one of the key posi- tions in the whole government ser vice.
 Burton has just returned to the house after an absence of 12 years, so that he belongs to the category of new members.
 I have just had two-hour talk with Burton in which he discussed with the greatest franlxness vital pub | lie problems. He has the keenest l possible appreciation of the necessity of reducing government expenditures to the lowest point consistent with efficient service
 'It is of first importance" he said. 1 that the habit of extravagance in 1 spending public money. which the ! war caused. be changed into the habit 1 of economy. It is important not alone
 from fhe standpoint Of tax reduction
 but also from the standpoint of an
 example to the people of the country.
 "Unfortunately, so large a part of 1 the cost of running the government ! is due to past wars and preparation
 for future wars. ehat, try as hard as I we may, the net results of our ef-
 forts for economy will proba ply be | disappointing to the taxpayers.
 But the fact that so large part Ol OuI DudSel lS OulS1ue OI our con
 trol. because of world conditions,
 makes il all the more necessary that
 we exercise the strictest economy
 over those expenditures that are
 within our control.
 "Too much emphasis cannot be put
 on fact that approximately 90 per
 cent of our public expenditures come
 under Ahe war head.
 Ut has been my conviction for
 years that sooner or later the nation.
 must get together on policy os ar , mament limitation both because oi ! the terrible burden of taxation in
 volved and because armamen competition inevitably leads tC
 war. I wrote and spoke of thi. frequently before the World War , Every development during tn, 1, past six and a half years has mad, f me surer of my ground. This is not pacificisn. for oul . policy to ornaments must b, 7 predicated very largely on the polio, of other nations. This is particular, s true as to our naval policy. But '.l cannot believe that it is either i'm : possible or impra otScal.to bring abou t a hard and fast agreement among tn ,. nations to cut down these vast ex t penditures which are impoverishin lIci DtCplc.
 : 'sThe imperative necessity of doin l, this must be apparent to any ma . who is at all familiar with the worl I financial situation. I am enough c n an optimist and have enough fait :. Tn the honesty and common sense c q men generally to believe that thi 1T great step forward will be taker
 sooner perhaps than now seems pos - sible.''
 
 l. As life long student of financia !, economic and industrial question II and particularly as the author (
 Financial Crises and Periods of Ir g dustr1al and Commercial Depression sr 2. written in 1902. Burton is recognize If as an authority bdth in this countr 'A and abroad.
 He thinks that those people wh ,- are expecting a quick business It 's coVery and early return of pro.
 perity will be disappointed. The re n covery will be slow and there nu. d be further liquidation in some line CT ana lower wage levels. We must (
 everything possible to help EuroI n get on her feet industrially and finar l. cialiy so that she can buy our surph |: goods, which she so badly needs, ar
 which we so badly need to get rid c i'll Judicious extension of long tin le credits to European buyers is a ne,
 essary factor.
 l- We must face the necessity of tai ic ing from Europe increasing quai h. titles of goods and whatever chang lb are made in the tariff schedules mu of be made with this in view. Broad fe speaking, the situation does not cs ID TOT higher tariff excepting in certa ne industries, such as dyes. etc, whi, ol we started to develop during the wa
 and which call for special treatme T., during their developing years. c Burton shares with all other m, i7 m nigh position in Washington. t
 view that the chaotic condition of |
 A, railways is one of the most. if not f % most, perplexing problem dernandiI IT government action.
 nd some way must be found to redu he freight rates in the interest of f he consuming public and at the sar nd .lihe save the railways from { cir pahkruptcy toward which they a -iii headed