The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1922-12-04
PRESIDENT PUTS
FEDERAL BUDGET
UP To CONGRESS
Announces In Special Message That
p Budget VIII Dc Little over
Three Billion; Lowest Since
Days Before War.
PRAISES RIGID ECONOMY
AS OBSERVED BY BUREAU
Promises No Immediate Reduction Of
Taxes; Says Fixed Charges Of
War Cause; Gives Amount
Asked for Armed Force.
By LAURENCE NJ. BENEDICT.
United Press staff Correspondent.

United Press staff Correspondent.
Washington, Dec. 4. - President
Harding today sent special mes.
sage TO congress announcing that the
federal budget for the next fiscal
year, beginning July ]. 1928. will be
approximately three billion dollars-
the lowest yearly expenditure OF the
government since the days before
tho war.
Pralsing Tie rigid economy which
the budget bureau has enforced dur.
ing TIE last year the president point
ed out thrt the government Is now
back to pro.war days In general cx.
penditures. or tho three billions
asked, two can be attributed TO the
war. lie made ii plain that his ad.
mnisiration viii continue TO fight
for greater economy
The president indicated that be-
cause nearly twothirds of the gov.
ernment's yearly bin represents the
charges resulting from the war. II
viii bo difficult to reduce taxes in
the near future.
The budget system. the president
declared, twas the greatest reform in
our financial history"
Government expenditures during
the next fiscal year will be S3,1SO,.
Si3235, a reduction OF nearly $780,
600 900 as compared with the expen.
ditures Of the current year. Specifi.
caily the executive aslted for apro.
priations OF s3O7S,9fO,331.G9, the DIFF
ference between appropriations and
expenditures being attributed TO the |
fact that congress makes some ap.
preparations which carry over from
year to eyar.
A surplus Of $1S0,9G9,f2 in the
governments financial operations for
the next fiscal year was estimated
as compared with n probable deficit
this year of $273,9SS,712
The total receipts OF the govern
ment during the next fiscal year were
estimated at $3,sG1 ,Sl2,s59, as com.
pared with $3,42g, ,S62.959 These es-
timates were based on no reduction
of taxes, and include n back tax col.
lection Of approximately $3O0,OOO,OOO.
Outstanding in the budget is the
appropriation for national defense,
which totals $54S.43S,S7. The army
asks for 56,552.S77, which would
provide for regular army of 125,OOO
men and 1900 officers. The navy
wants $2s9,433, $40, which would sup
port $4,000 men. The appropriations
would maintain the land and sea
forces at their present strength and
are the lowest since the war;
Referring to the large amounts
which the federal government is con
tributing to the states each year for
road building and other projects, the
president said he was concerned be-
cause he felt this policy was causing
large increases in state, county and
indebtedness. He made no
direct recommendation on this sub
ject, however. He also indicated that
he disapproved large expenditures for
research, Improvement and develop
ment, which have no business with
"the business of governemnt.'
"1'hat we approach the commence
ment of the fiscal year, 1924 with
an estimated surplus for that year
of $1S0,969,125 is certainly most en-
couraging," said Harding. 'While
| am hopeful that there will be no
deficit in 1 the current fiscal year
1928, if such a deficit does occur,
this surplus for 1924 will give a
margin to take care of it.
'The sum Of $1,256, ,9SS is pro-
vided for military functions, which
includes military pensions, retire
ment pay, annuities and world war
allowances and national Defense"
the president said.
The amount recommended for ma
tional defense is divided into two
classes:
For the army, $256,552,SS7; navy,
.S2S9, ,SS9, 1898.
"The amount recommended for
the maintenance and operation OF
the army VIII pIuNlue III q io5ui"i
army of $4,000 officers and 125OO0
enlisted men, exclusive of the Philip
pine scouts, which is the force now
authorized by congress; will provide
for the training of $4,000 reserve Of
ficers for a period of fifteen days
and for $50 for period OF three
months, as against a total of only
5000 for fifteen days, during the
current fiscal year; will provide for