The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-01-28
Biz Deficit
If Bonus Is
Put Across
NY DAVID LAWRENCE
tCuuyrtUh' Nv Tho intelllE"n'"')


wprhing,"n. ian - rho Eorcrn-
r.rt az ur tinted S,atos racoa tho
hIgyost don,lt Ia ~ hlu,"ry II tho sol
der hnnua bin r"on ." loo pnHHcd hy
cunyrcnu PC - h",oue law.
~, determination - r"ugr"rH'"uI
leaders, H. luya tho hunut la "Npr"hh""
I'm tho rn,o 81 white House and treasury
d,rartmrut uppurlrlun no that "h'S
urrnlarntIal veto Crn rnSo ia" nl'u"t'"h.
tint tho rnInrul facts which no" az"
Gaming out In connection Win the p"hun
AGITATION In that tho government VIII
have Il deficit FOR lht2 ana '''' CT up
r,,,I,rntnly 1900 OOO. 900 whether thee"
T., ,,,,,,,, ar not All tho hue and cry
about economy hna only boon or avail
T., prcyoniiny tho deficit from h"'"n'nn
larger hut tho truth la iho C"ngr"77rnH"
mn for 70 election newt fail VIII hhH" u"
rhoos, hotworn tho number or N"t"' -
rc.rnd 10 DO gained 10y pUH7iug Il h"n""
and tho number 81 vut"r certain I" 10"
lort through tho pr"t"r'H or III" IarR"
rr,,y Of Tux paycrn whom" hurd"nH VIII
rr,yo TO bo ~ irl,puIuo 49, IN tho F"'''
Immediately following H." war. tn" re
uor fro mtnNntiou which II Ind been
ropnLcntly hopod might como In va"
nc,t two years n vanishing Int" tho ait.
Much UnsaHinsaH
Troarury officials mHE" n" "n"rt 1"
conceal tho truth much ~ TIA" W"w'"rN
~ rnngrrrt r"epuusIht" for IN" present
fiscal situation NAY D." Inclined :" E'"7'
8, o,rr So long a. th"ro w"r" I" 90 w.
added taxes and ~ vas r'lIl i".H'''" W
MIRO down cNpcnscH IA" tr"HNurF h'''
out homo that the budgets Tor l?-s an"
Io23 might be balanced aud IA" deficits
wiped out but With a h.E h"fI'a ON ''"'
Irv the TREASURY Ia tho face. Secretary
MELLON has como out with abatement
or tho situation which IL causing m"
moro Thoughtful momcra Of ""uErcSH
much un~aHinr--.
For awhile. and whom President Hard
In. rrcNntly suOulttcd tho budget L"
-CuErnus. there wax uncertainty "h"th-
cr the dcNclts would really materl"uhe.
Mr. Harding excused tho estimated de-
melt by EayluE that such discrepancy
- unavoido bio when authorizations OF
r1psndlture arc being enacted during
tho process az BUDGET closing but ""yn
,rc provided for relatively easy adjust
mcut without added taxation.
Msllou's Disclosures
%rw Secretary Mellon dIscl"r"1 tho
,,,t that tho BUDGET ent.m',i"S i"r the
,cgr 1872 nro "HubstauilHliy correct
.rd v,hilo he know. ruu"r~Th can nN"'u
Tho ,srcita ir n wl~h'h h' hai'y de
..L,ror tloO. 600 900 muai b" ut "n' OF
he intended chprnd!turoa Ia order 10
nnIau. e. tho budget
rn for. ur that Nj Mellon ,"nnrnr
what haa been rum"rod Tot '"iuo tm"
lHt n heavy ahlutn,o Ia u,N receipts
al
u,,r ,uny gov rilI lhrE'r when tho tao
,.ru,rr nrr nit In Ito huidr tho hnHl-
rrBa drlrcn,lun a. panty r"rp""'ihl"
and in.lrta that under tho circumstances
now nl o,lta"rilunry ''r"ndl'nrea At"
NOT L.. 10 tnuuglI ~ f"r n,Inuio.
Tho ,roo 900 ono don"l, L. r"nho up In
ri, ~, Tho budget don,l, r"r lo'r
,n.unt, ~ t:lOOo 600 nui rur l'a'
r,cr TIC; 900 ono. nud ih"Ho nrn'"T
mako 80 allowance f"r tho fh0h"" O"0
rouu~utod ~ tho rhipuluE hoard :" m""'
lrItn- 81 OpO n0G rc'lor O." i'u"rin ~.
QUO Gun 10 10 rnId n tho mat Iurinll.
mont 20 Crlrruh'a rrr tho i""u"v"l'
,nll,y - i'nunun ~ 1901. and r"F"ihlo
80 OOO 600 r"r addttl"rnl pay ," govern.
mont nnr'oyrcr u t"'u ~ til2""h. 900
rhIonv Tor l9rl or IN exact total ~
1909. 900 900.
What tho Bonus Costs
Tho host ratIunt"p available 10 thr
treasury nr tho cost 81 tho bonus ln Rp-
,.rn,iu,,,t,.y thrrr and ono third billion
J,lIar. ~ which ut least tsGOO rD 600
o,,I, foil ,u ~, rryt twn yr,fu ~ -
,.r,,,op yrh yar,iny amounts In tho
,,,.ry.,,,y vs,r and an ultimate p,y
man, ~ u,o,. than ,nii4uUO Ia tho
twentieth year
.,,. ..,.t,,,v ~ r,r irr,sury Inns
.,.,,,,n. ,,.,.r,r,..I H., f,,, ,L,t ma
..,,,,,o, ,,,. lac ...,,.t..' ir..,nr,Ii,r-Iy 9th
am ,rrc,r., ut r,l...lr,l rruln lhc
.IIr,- and no ir-gri- that n ,uy duor
,, r,,.,,,. .,r.,nul "a nu-t ~ Ly In4
,, ,,,r,I-lrnr liberty h,.,,d hn,,rr.~
81 a.. ,a.r uou rnU r,,, tho ur,f i,.o
,.,.,.,,.o N, ,,,,c.i Ly ,,l,r.,
49,. ,.,.,,,,,,r,,, ,.,,.,,t r,,,
"'''' ,,,, ,,.,, ,c.,,,