Perth Amboy evening news., 1922-09-30

Vocally that appropriations OF money
must not exceed the Government n
come. He has adopted the economy
ot Micawber. the famous character
in Dickens whose homely discussion
OF the budget idea aptly expressts
Income, $2,005; expenditure. 81
900 means happiness. Income $4,000
expenditure $2,005 means misery"
President Backs Budget
The President takes the same
view and will insist tnat the Ameri-
can Government seek to have a sur
plus of revenue rather than an tx
cess of expenditure. Micawber's
analysis related to the affairs OF an
individual family but the case is not
81 realty altered when nations are
concerned. For a mans expenses 10
exceed his income means he must
run in debt and borrow, paying m
trest. For a Government to spend
more than its income means the
same thing. There is not the sle-
ment of personal misery which Mi
cawber speaks of, but there is sub
stantial national embarrassment
which may result in personal misery
for many of the unthrifty nations
individuals.
Practically the sole trouble with
the European nations which now are
having such grave financial difficult
: ties Is that they went on a war
spree and spent vastly more than
their income. That Is the case with
Germany, with France, with Italy.
with Poland and, in a lesser degree,
with England. They spent more than
their incomes and TO- they must
/ hnernUy TbAt~ a~nntA- Ecr~ -
rreciated because they have not kept
their budgets balanced. This has
resulted in loss of trade and in
ruinous prices for the necessities OF
life. They represent instances in
which the unthrifty policy against
which Micawber uttered his warn
ings have caused personal misery 20
thousands.
There Is something to be said on
the other side Of the case. Many OF
the separate bills to be introduced
will be worthy; in fact, most OF
them will and great difficulty wal
be experienced In defeating them.
Assume that the Department Of Ag-
riculture has sent in a budget which
exceeds what can be allowed II ex.
penditures are to stay within in
come. The Budget Bureau lops of
Il" AS" HAAiCh6 thC AtClAk
cut Off. let US assume there is ar
item Of $4,000 for the continuance
Of an agricultural experiment sta
ton. At this station, the Depart.
nient scientists are working out q
series OF experiments relating to ire
cotton boil weevil. Five years are
required to carry the work to a con.
clusion. The completed work may
reveal scientific facts worth millioni
to the cotton growing industry. TIE
work has been going on three yeats
il 1t is stopped now through lack Of
appropriation. all that three years
work is lost for the experiments
must be continuous and there is 6
possible potential loss of vastly NOR
than the work will cost. Yet the
figures show plainly that there il
not enough money to go around
The work must stop.
There are Instances in which sub.
stantial losses nave been sustained
tv the Government In this manner
Government work is In process and
specially made. extensive tools have
been purchased and special but. d
ings erected. The budget cuts off The
next years appropriation. There J,
net wen enough money a%ppropria'
ted for storing the tools and tnstru'
ments and maintaining watchmer
at the buildings. Tools and instru.
ments are lost or stolen and build.
ings fall into disrepair. Persons IA
miliar with the Government know
OF these cases and therefore have
some sympathy with the extra alp.
preparation bills which seek (
evade the budget.
This is just one Of the problem!
which the men who run the Coz
eminent have to face. How vii
they face the crisis of the budse
this winter will be a matter of in,
terest to every citizen and Taxpayer