The vidette. (Iuka, Tishomingo County, Miss.) 1912-1967, 1922-01-26


l have been throwing the incredible
figures at your head. Neither you nor
ANYBODY else has the falntest concep-
tion of what one billion dollars really
Is. We speak famillarly Of billions as
commonplace, but most OF us i've
our lives In terms of hundreds.
| have shown you that every one
of us, man, woman and child, In this
country, paid last year $53.77 each
toward the support of the government.
OF course, every person does not pay
exactly $53.77. A great many pay
more and some pay less; but those
who pay the most try to take 1t out
Of those who pay the least by increas-
ing the prices Of what they have TO,
sell, or Of services rendered or work
performed, SO that 1t averages out at
$5377. Some pay more than their
SHARE others pay less. This Is called
an Incident of taxation. The whole
point is that we all pay; that we pay
now more than we ever paid before;
and there is no present prospect Of our
paying less for some years.
In this way we have all paid our
share in the World war The net cost
Of that enterprise to date has been
| $24, 100000,000, or including our loans
to foreign governments, which have
not been repaid, $3.50, 455, 100000. These
are official treasury figures. Do not
let your eyes run over them lightly.
Thlrty-three billion four hundred and
fifty-fve million dollars Is an almost
incomprehensible sum. The cost Of
running the national government Is
now around $4,000, 100000 year. The
experts say that for the next two or
three years the cost of the government
will not descend below about $4,000
100000 year.
want you clearly to understand the
immensely, the magnitude, the over
whelming size of such sums. We
chatter about billions nowadays with
out in the least knowing what Is a
billion. Let me try to bring 1t home
to you. 1t Is now, roughly speaking,
1920 years since the birth of Christ.
We do not know precisely and aceu-
r~tely at what hour and on what day
Christ was born. But under the Gre
gorian calendar, according to which
we now reckon time, We have
record Of the days since January first
Of the year one, Ammo DomIni. From
the beginning Of the year one to JAN
uary l, 1921, there elapsed about TO1,-
261 days, or, to reduce 1t further,
$780, 0S hours. W. being reduced
again. means i,vJa S24,4S0 minutes.
Will ask you to remember that the
whole history Of the modern world
from the first second Of the year one
to the last second Of the year 1920
has been compressed into zoos, 1874, 4S0
minutes.
Now let us suppose that with the
permission Of the Roman authorities
the United States had established
disburslng officer at Jerusalem on the
first day Of the year one with instruc-
lions to pay out S. minute day and
night, Sundays and holidays included.
right down through the centuries to
New Years day. 1921.
Suppose he had been given $3.50.
ooo'7o6 to start him on his long spell
OF spending. That is one estimate of
the sum that it cost to run this gov
eminent In 1920 On the morning Of
January ], 1921, this mythical dlsburs-
Ing officer, giving money away at the
rate of So a minute, would have spent
only 5000. 122, 400, and would still
be one Of the richest men In the
world, for he would have left on
hand $636,SS3,3 06 of the original sum.
Paying out at the rate Of So a minute
for more than 1900 years he would
not have kept pace with the cost of
upkeep OF this government for the one
single year 1920.
Suppose this imaginary government
spender had been authorized TO nav
out at the rate of s23 a minute through
the centuries. He would not have
finished. on January 1, 1921, paying
for our share of the cost Of the World
war by some S7S4,086,96O. He would
have that much left over after paving
out $23, 225, 963, 04O He would have been
paying out nearly 40 cents every Sec
ond the clock licked for more than 10
centuries without being able to dis
charge our share of the World war
cost.
DO you ever bother your head about
these bushels and bushels of dollar,
that you contribute to the support of
the government? You earned them.
You know whether they came easily or
not. Do you know where they 90
after they leave you, how they are
srent, whethey wisely or foolIshly7
It's all your money. contributed for the
proper and economic conduct of your
business. There Is no such thing "a
government money. The government
never earned cent.
You own the government and Won
support 1t, and 1t is merely admins.
tered by men Of your selection.
have always been puzzled about WHY
Gou do not take an active and eager
interest in what becomes Of your
money that you pay In taxes.
But let's 60 on and ret down 70
Eases.