Capital journal. (Salem, Or.) 1919-1980, 1922-12-04
HARDING
Continued from Page one

yiding funds to meet them is
necessary incident to the fulfill
nent OF the popular demand.
In the efforts which have been
directed to reducing public expen-
ditures, | have been much influ-
enced In apparent increasing state,
county and municipal indebted
ness, and am fearful lest this
condition may be In part attribut-
able to the expenditures made by
the government pursuant to Its
lederal aid laws, as many Of these
tate laws require state contriDu-
lions as prerequisite to the ex-
ension of the federal aid"
Excess Anticipated.
The summary Of the budget for
1924 as given to congress shows
an estimated excess Of receipts
over expenditures next year of
$3.50, 0,969.125 as compared with an
estimated deficit Of $273,938,712
Tor this fiscal year. The president
said, however, that he was hope
iul that the estimated deficit for
1928 could be reduced in the re-
naming seven months and that
he close OF the year next June 80
would show balanced account.
Estimated expenditures OF $3,-
IS0,S4S,234 for 1920 which are
exclusive OF the postal service.
ompare with estimated appropri-
.tions of $3,078,940,331 for the
iame period. Mr.. Harding explain
I'd that the expenditures would
represent actual cash Withdrawals
from the treasury, including some
on account Of appropriations In
previous years.
Another deficit in postal opera
lions was forecast for this year,
out Mr.. Harding said 1t was esti-
mated that through proper read
Justments there would be a sur
JIus of postal revenues over ex-
penditures in 1924 amounting to.
$952,4S9. For this year postal
costs were placed at $559,996,841
or an estimated deficiency of $31,-
502,570, as compared with an ac-
tual deficiency in the last fiscal
year of s64,346,234 The 1924
costs are given at $5S4.653,151.
The president told congress that
an appropriation Of $256,552.S8T
recommended for the army would
provide regular force of 10000
officers and 1875, 900 enlisted mon,
exclusive of the Philippine scouts,
which is the strength now author
ized by congress and would en-
able the militia bureau to increase
the strength OF the national guard
from 10000 officers and men to
215,000 officers and men. For the
army air service, $12,871,500 is
proposed, or $23,5O0 less than APP
propriated this year. Mr.. Hard
ing said this sum would permit
the service to operate efficiently
In accordance with existing pol
icy.
For the navy $2S9,SS0,99S is
asked. This amount. the presi-
dent asserted. would provide for
the present enlisted personnel Of
$4,000 men; maintain all present
ships In commission and make
provision for continuing all new
ship construction in privately
owned yards, except for reduction
in speed Of construction on three
light cruisers.
Provision Is made In the budget
for s253,000,OOO in pensions;
S434,564,050 in world war allow
ances and s20,SS9,3Ss in retire
ment pay. other items include
$41.764,550 for rivers and har-
bors: ss1.4S0.OO0 for good roadsI
$5,718,950 for hospital construc-
ton and facilities for war pa
tients; $2,20O,0 900 for railroads In
Alaska; ss.sSs.1O5 for the Pana-
ma canal; s1s.55s.ssS for gen.
eral law enforcement. including
administration and enforcement Of
national prohibition and narcotic
acts and the prosecution Of war
frauds. and s75o.0Oo for the re-