The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-07-07
b0RAH ASSA|LS
FISCAL POLICY
NDLEG|SLAT|ON
pECLARES GOVERNMENT Has
FAILED 10 LIFT PEOPLES
BURDEN.
soLDER BONUS AND SHIP sUB-
SDY BEAR BNUNT OF
ATTACK.
EcuMBER REPLIES THAT INTEL
LIQENcE WILL DISPEL GLOOMY
PICTURE.

WASHINGTON. July 6.--An assault on
the fiscal policy Of the administration
and the legislative program OF the ma
jority In congress was made TO-DAY IN
IN" senate by senator Borah. RepuoN-
can. Idaho He declared the government
had failed. except in most limited de-
gree 10 relieve the burdens OF the peo-
pie. and that there was ahead O program
which would add to those burdens not
only millions. but billions OF dollars.
In that program Senator Koran
named the soldiers bonus, which he
calculated would cost from $tON.ooOo"o
TO S. 900. 900. 900: the ship subsidy oil,
which ne said would cost from SoO.ooo'-
900 to 81 900. 00o. 900 a year. while at
the same time relieving some special
classes OF large part OF their taxes;
the proposed 100000 loan 10 Liberia
and the bill TO create twenty-five add
elonal federal Judges.
The fact is said Senator Borah.
that the constant increase In govern
ment expenditures has reached the
point where II has gotten on the public
nerves and the people If the country
arc beginning 10 NANTES, 1t in different
REPRESENTATIVES, In the ballot bon
sometimes In strikes. sometimes IN
riots and blodshed. and the first and
prime duty Of party which has the
future of this country in its charge ~
at all hazards TO refrain from increaS-
Ing expenditures. and II possible |" de-
crease them.
Past and the Future.
"1f We judge the future by the past.
we now have an indebtedness which II
will take us more than one thousand
years 70 lifht. to say nothing OF the
constantly increasing burden in the
frnr Np1
year by reason 81 the increased budgets
and II Is proposed in addition to that
which we already have 10 lay out OF
hand an extra burden OF from $4,000
o00. 900 10 $4,000. 00o. moo. which II Will
take us more than $50 years to pay on.
The time may come. and in my opin-
lon, Il Is very likely to come when the
United States will have 10 stand. as II
were at the Marine on th!R question OF
preserving financial civilization. The
dime may come when our reserve, econo'
mic and financial. will have 10 be called
upon as our reserve OF man power was
called upon in 1917 and II hehooves the
American people and the American coz
gress to prepare for that as We would be
prepared for the great conflict which
confronted US in 1917.
The nation. which will lead in tho
future. which will control and dominate,
will not be the nation OF armies not the
nation OF navies. but the nation OF
economic power OF prosperity at home.
OF financial reserve. OF means 10 taHe
care Of those things. and II behooves
MS. therefore not only by reason Of the
call which will ne made upon us here In
this country. but ny reason OF the condi-
ton which surrounds us throughout the
world 70 conserve and reserve all the
economic and financial power that we
have IN order Ia meet the eHtEency
when IL comes.
The course which we are now pur-
suing. In my judgment. IN" fiscal poll
cie< which we are pursuing. will prove
more dangerous In the end than FOR
e.gn foe \ proud. strong people may
suffer reverses at arms. hut time fights
on their side for victory. An tndepend-
ent and selr-reliant nation may undergo
the misfortunes OF war. hut their char
acter and their purpose within ultimate
triumph. But nation whose citizen
ship has been dragged and debauched by
bonuses. Gratiuittes and subsidies has