The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1922-10-30

BY REPUBLICANS
Accomplishments of Admins.
tration Cited by Sena-
tor Curtis.

WASHINGTON, Oct. se.-Rs-
publican accomplishments IN the
line OF economy and reduction Of
national expenditures are thus.
summarized by Senator Charles
Curtis. of Kauhas, who. as a mem.
Der Of the finance ard the appro.
priatIon committee, is in clos.
touch with government financial
matters.
when the extra session was
called In May 1919, the new Re-
publican Congress was called up.
on TO pass upon the big supply
bills which has failed Of passage
before March 4, 1913. The amount
recommended By the previous
Congress amounted to $3,767,975..
i9I4.72. The amount appropriated
was S2,SSS. 253,4Sg &c, or A redu,
tion OF 1883, 6S2,641. 81 made by III
Republican Congress. The est;
mates for 1921 and 1922 were sub.
mitted to Congress by the peurp.
cratic heads OF departments and
the appropriations were as follows,
Appropriations fiscal year 1921,
$685.. Ss5,s4s; appropriation; fls.
cal year 1921, $3.50, 1929 $40; app
propriat!ons fiscal year 1922. Sl,-i
O6G,316,36G.
That appropriation for the fis-
cal year 1923, maze at the session
Just closed, and upon estimates
submitted by the Republican atzds
Of lDc departments, and submitted
tEt. ugh the budget amounted to
1914. 035, 1852. ga. They are less
than the appropriations for 1921,
by the sum OF $1,O33,194,137.71.
! They are less than the appr0vria.
lions for 1922 by S310, 2S0, 9St ~
The largest OF the reductions ia
1922 was in the Army and Navy
1.-THE appropriation for tho
Army for 1920 was ST94.62t .5G4
and for 1923, S255,4l1,169. Tn" APP
preparations for the Sevy for 1920
was S7e4,62l,5G4 and for 1929.
1855, All 100. The appropriations
for tho Navy for 1890 were $500
6TS,230 and for 1923 $949 .386,57T.
The total of the budget esti.
mates submitted by the Presiden.
for the fiscal year 1928 amounted
! to S8,SOs, 242, 1885, 50. The supple
mental budget estimates vera
S110,S34,26 81, making q total OF
$3.50. 58,429. 80. The ar,Ount
actually appropriated by Cnnsruss
was $9,747 5,3S2 ga, beng 70.
ductlon OF S172, 52S.O46 49,
1.-The ordinary receipts for the
fiscal year ending July :, 1922,
were 81. 100 .1O4, $50 .s4 and the to-
tai expenditures, including public
debt items. chargeable agaiuss or.
binary receipts were S3,79I,3o2 :
1884, leaving q surplus for the
year OF S3l3,S0l,65l. 10, I'd sSainst
an estimated deficit last December
Of S24. 46S,7o3. The total gross
debt Of the government OF June
30. 1891, was S23.977, 450.j52 81,
the total Gross debt June 20, 1922
was S22 ,963, 3Sl T07.31. Tho raduc-
ton in the debt during the year
amounted to S1,0i4, 56S.Sii.23
The total gross debt Of the United
States on May 81, 1919. was $685.
916,S74. 0s6. SO.
"The reduction Of appropriations
and the consequent reduction in
expenditures has Of cours", rednc.
ed the government taxes. The
amount Of the reduction ;or 1921
| (calendar year. was sS0,0OO,000
and the reduction for 1922
Calendar year. will amount
to $3.50 100000. There has been
a reduction Of employees from
691, l16 on July 1. 1890 to S56S..
$50. December 1891. making Il
reduction Of 122,126."
Senator Curtis also called at
tention to the fact that on account
OF the war the annual interest on
the national debt has increased
$3.50, 100000 n year. sinking fund
appropriations SS0s, 900 90, PEN
sions 500, 100000, while about
$3.50, OOo. 900 is required for the new
Veterans Bureau.
Another important fact cited by
Senator Curtis Is that about two
years ago Liberty bonds were sell.
ing in the market for less than s.
cents on the dollar but as result
Of the sounder financial policies
Of the Republican party they are
now worth 100 cents.