The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1922-02-18
ABOUT BUDGET BALANCING.

Students OF finance generally agreed the European
nations that bending under the burden of huge are
going get very far along the road stability renewed
progress until they balance their budgets bringing expend
proper relation with their income On this side
of the there widely prevalent view statesman
OF Europe do rafting good job of budget before
they can reasonably expect this country to come to their in
bringing order out OF chaos
When the began in 1914 Germany well the allied
powers started into debt and this process continued till the
end of oles which found all of them deeply in the "red"
War expenses didn't end with the cessation of fighting and
national Indebtedness continued to climb up Admittedly the
problems confronting the various excnequers were OF the most
serious character but believe that those charge the fiscal
affairs of the several nations involved did tackle the
OF adjusting expenditures to revenues with the diligence that the
Importance of this vital matter demanded From the purely
point of view, the nations which asking help at
hands OF America will not be strictly good risk until they spend
less than their treasures take and thus place themselves in
position where they can begin pay some Of their debts
normal conditions to the nations that have wasted their
\ me- aiSs g waFng n M matter Of the highest import %
period OF eadusment AS matter of fact nobody going
make of his business unless he gives serious
attention balancing his business personal budget This only
another of saying that adjust his spending his
income otherwise he is going be in the predcamen as
the nations that have overlooked this very necessary detail of
good business The who continues spend than he
makes acumuang debts every opportunity to satisfy
his desire for things which he but doesn't actually need
the result that he is good risk from the point credit
must sooner or later find his budget hopess unbalanced with
and his financial affairs will be such embarrassing situation
one can save himself by bearing daily mind the necessity of
keeping his budget balanced
The principles good financing are the same whether ap
Piled nations individuals and either their disregard
leads to the consequences Whether is wage Garner
business professional banker unless he
affairs in accordance with the simple primary principle finance
involved budget balancing he oeordaned failure Budget
balancing implies the looping of all unnecessary expenditures
call for real sedenial 1t daily looking and
planning for something than merely making ends If
one is IN debt it that he figures fixed for quidang
his debts ne is not in debt that income expend
lures adjusted to leave balance the credit
wise there be accumuang and constantly be
the position OF living from hand mouth" which is always
perous makes provision for the accidents mor
tunes OF e which reduce mtudes to poverty and dependency
Out OF the practice of balance budgeng energies the home
virtue OF thrift which is basic in its bearings individual and
national and welbeng If the people of America had
pactced ordinary common-sene during the period when
prosperity was at its height the readustment would have
been passed without and all business would have been
the gamer by because the savings laid by days would
have been available for spending the days of reduced
that were to come Budget balancing is merely good business
the exercise Of plain be neglected with
disaster