, 1922-07-25
a Year of Republican Ecooo,ny

IhE BUSINESS or fiscal year of the United
States government begins july L. and ends ON
June 80. The fiscal year ending Jm.- 80. 1920. was
the first complete fiscal year under the Republican
administration. During the entire fiscal ear the
expenditures OF the government were under cootrol
OF the Budget bureau of congress. The books IRE
made up. The record is complete. 1t is down in
piack and white in the treasury department. 1t
cannot be changed 1t speaks for itself.
This record shows the total debt of the United
States en- June 80, 1922, amounted to 500. 963 ISL .70S
as con. AIRED with S23,977 ,450,522 on June 30. 1921
In ether words, during the first year of the Repub.
lea. administration the public debt was reduced
S1,014, 0bS, 1874
The public expenditures for the year Exclusive
OF public debt expenditures) were 1892, 607, s99.
This was S1,143,319, 1S9 less than the public expen-
ditures for the fiscal yea ending June 30. 1921 ali
but three months of which were under tn. control
OF Democratic executives. 1t is 5000, 735, 941 less
than the public expenditures for the fiscal wear end.
ing June 30, 1920, all of which was under the CON.
troll of Democratic executives.
The total expenditures, including public debt
Items, Tor the fiscal year just ending was 1885,
'5uZ,499. This, however, is still 81, 743. 600. 600 less
than the corresponding expenditures for the fiscal
year ending June 80, 1921, because the item of nub-
Tic debt remained the same in both fiscal years.
Inc items pertaining to the public debt will remain
practically constant for 4 long period of wears con.
sequently the test of whether or not the congress
ana the Administration are e~conomizing is found
IN the comparison OF public expenditures exclusive
of public debt items or what is known in govern.
ment bookkeeping as ordinary expenditures.
The congress appropriated for the current fiscal
'S"A VI -, peSiHnlnS July L, ana ending June 30
next, 1914, 1889. This is less by S3l92 CSC. 9S4 than
the total appropriations for the fiscal year ending
June 30, 1922. 1t is less than the appropriation for
.ne nascai year ending June 30, 1921, by the sum of
$l,o55,194,l2I. In other words, the congress now in
session appropriated one-third of a billion dollars
iess money Tor ordinary expenditures this year
than the congress of two years ago appropriated.
The largest reductions in appropriations made nv
TINS congress were those for military and naval
The appropriations for military pur.
poses Tor the fiscal year just beginning are s94,
ZsHl M less than HI
The appropriations for the NAVY department for
the fiscal year just beginning are $12s, COS 4O7 less
than last year. This is a combined saving for mil.
itary and naval purposes of $500, 9O4, IT'S.
The congress reduced its own augmentation
1hat is, the appropriations necessary 70 run the
legislative branch of the government) by S545s.
w. as compared with last year. The appropria-
lions for the state department were reduced s6.297,
$50; those for the treasury department. SAC. 100 160.
those for the military activities of the war depart.
ment,. $94,296,96S; Navy department SIPS, 6Os4O7;
Interior department, $20,004,7 96; Postoffice depart.
ment, $14,912,O64; Agricultural department, s2,O9s.
POI.
The appropriations for the Department of Com.
merce were increased 81 ,34S,3s6 over last year; this
is an increase of only six per cent over last wears
The Department of Justice had its appropriation
increased by $731, 0e0, about three per cent over last
year; $4,000 of this increase was a special ammo.
priation to enable the Department of Justice to in.
~vestigate and prosecute war frauds committed our.
ing the Democratic administration.
The Department of Labor was given an. increase
in its appropriations of 81, 11s,723; this is an in.
crease of 20 per cent over last years appropriation
and is the largest increase by far any department
in government was given.
The largest increases in appropriations over last
year were those given the Veterans bureau and
Shipping board. The Veterans bureaus annro.
priation for the current fiscal year-is $3.50 .S43.
an increase over its total appropriations for last
year of $9,S97,11. The appropriations for the Shin.
ping board for the current fiscal year are S1OO459,-
100000. 80,