The commercial. (Union City, Tenn.) 190?-193?, 1922-07-28
Senator Harrison Riddles NC
--Cormick's $7,000,000,00O =
Savings"

CA
most important service to the
tax payers of the country when hi
exposed and cOntroverted recen
statement Mccormick of Illinois
which bore evidence on its face oil
an attempt to mislead and deceive
the American people into the belief
that Republican Congress and the
Harding administration had saved
the tax payers 100000. 900. The
nartisan Republican press said the
Harding administration had saved
this amount.
In analyzing Senator McCormickS
statement, Senator Harrison said:
II knew that if the Senator (Mc-
Cormick) had read the Books of Els
Inmates he would not have made
that statement. He says that in the
year 1920, 1921, 1929 and 1928. ST.
000,OO0,000 was saved by the Con
gress over the estimates. want
the country to know the hypocrisy
that is practiced here, the kind of
misrepresentation that goes into the
press touching the achievements of
this Congress and this administra-
ton"
He then showed that the estimates
for the fiscal year 1920 were made
in the summer of 1918 before the
war closed and were based on the
continuation of the war another
year; that when the war closed the
administration reduced its original
estimates between three and four
billion dollars for that year, and yet
said Senator Harrison, the Senator
(McCormick) sends word broadcast
to the country that Harding'S adj
ministration or the Congress has re-
duced the estimates $7,000,000,000.
Senator Harrison then cited in
detail the following reductions:
War Department, 1918 estimates
S1,916, 100000 reduced to S1,1S5,000,- |
000-a cut of 731, 100000.
Navy Department, 1918 estimates
S2.644, 900. 900, reduced to S1,66S,000 |
000-a cut of S976,OOO,OO0.
Fertilization 1918 estimates re-
duced FROM 1914, 100000 to S93,00O,-
900 or a reduction of S4S1 100000.
The fact of the matter, is said SEN
ator Harrison, that at that time
there was not a Republican Presi-
dent in the White House and the Re-
publicans did not control either
branch % Congress. Yet the Sena-
tor (McCormick) claims all that as
a Republican achievement and the
Washington Post carries it in great
headlines as a Harding saving of ST.
)0,000,000.
That is not all, continued Senator
Harrison. Il could take the record
IF the Congress and show even to
he satisfaction of the Senator that
he large reduction for the army
md navy and other appropriations
we're forced on your unwilling ma
GRITTY by the Democratic minority
lided by a few Senators over there.
Referring to Senator McCormick'S
tatement that since Warren Hard
ng took office we have paid off
Yearly a billion dollars of the nat
onal debt, Senator Harrison said:
81 will tell you how you paid it
IF. I have the facts from the Treas
Try Department. You paid it off by
alvaging funds and selling surplus
GODS which we had purchased to
Yin the war. You sold those ac-
umulated goods and wares and the
honey went to pay off some of the
of a billion dollars.
ct you claim that in this statement
S a great Republican achievement"
Concerning reductions in the bond
debt Senator Harrison said fur
her:
'I have here the report of the
of February IS, 1921.
nd August 81, 1919. The bonded
ldebtedness of the United States
4 August 81. 1919, while Wilson
as President of the United States
as s26, 594, 100000. Just before he
ent out on February 2S. 1921, the
was s24,OOO,0OO,OOO-a
two and a half billion
ollars from the time of the ArmiS-
&c to the time the Wilson admin
tration went out of office. Why
d you not give the Democratic adj
credit for reducing the
debtedness two and half times
much as you did at practically
e same time that you claimed a
lion dollar reduction?"