The Birmingham age-herald., 1922-07-07
FISCAL POLICY OF
 PRESENT CONGRESS
 PLAYED BY BORAH
Indebtedness May Prove a Greater Danger to United States Than Foreign
 Foes, Solon Says
By Associated Press

Washington, July 6.-An assault on the fiscal policy of the administration and the legislative program of the majority in Congress was made today in the Senate by Senator Borah. re- publican. Idaho. He declared the government mad failed, except in a most limited degree. to relieve the
 burdens of the people and that there
 was ahead program which would add to those burdens not only mil- lions, but billions of dollars.
 In that program. Senator Borah named the soldiers bonus which he calculated would cost from s4.000,000,- 900 to $6.000. .00D,000 the ship subsidy bill, which he said would cost from $50, ,000,0G0 to s100,000.000 year, while at the same time relieving some spe- cial classes of a large part of their taxes, the proposed s5,000.000 loan to Liberia and the bill to create 25 ad- ditional federal judges.
 The fact is. said Senator Borah, that the constant increase in govern- meBt expenditures has reached tke
 point where 1t has gotten on the pub lie nerves and the people of the coun- try are beginning to manifest it in different wavs--sometime in the bal lot box, sometimes in strikes; some times iD riots and bloodshed and the
 first a<d prime duty of a party which has Che future of the country in charge is at all hazards to refrain from increasing expenditures and if possible decrease them.
 Indebtidness Increased
 'Tf we judge she future by the past, we now have an indebtedness which it will take us more than 1,000 years to lift. to say nothing of the constantly increasing burden in the way of increased taxes from year to year by reason of the increased
 budgets and it is proposed in addition to that which We already have to lay out of hand an extra burden of from 00,00o.000 to s6,000, 900. 900. which
 will take us 250 years ,o pay off.
 sThe time may come and. in my
 opinion, it is very likely to come, when the United States will have to stand at the Marne on this question of preserving civilization. The time may come when our reserve, eco. homie and financial. will be called upon as our reserve of manhood was called on in 1917 and it behooves the American people and the American Congress to pfepare for that, as we you'd be prepared for the great con flict which confronted us in 1917. Course is Dangerous
 "The course which we are nov
 pursuing, in my judgment. the fis- cal policies which we are pursing
 will prove more dangerous in the end than foreign foe. strong peo- rle may suffer reverses at arms, out time fights on their side for victory An independent and selfreliant ma ton may undergo the misfortunes of war, but their character and their
 purpose win ultimately. But a na- tion whose citizenship has been drug ged and debauched by bonuses, gra- tuities and subsidies has entered upon road over which no nation ever has
 beaten successful retreat"
 Replying to Senator Borah, Sen ator McCumber of North Dakota
 chairman of the finance committed said. They great economy vision pictured by that senator would be dispelled by courage and intelligence to meet future conditions as they had been met in the past" He took issue with Mir. Borah as to the cost of the bonus. saying the treasury actuary estimated the cost at about | S3, SOC, ,000.0 900.
 "In the last three years" Senator McCumber continued, the national debt has been reduced s3.500, 900. 900 Conditions are not as gloomy as we would think after listening to the senator from Idaho. God knows ws
 madA enough in this country while the soldiers were fighting to pay the debt we owe them 40 times over Neither do I believe we are going tc the bow VOWS because of extrava- gance. We are retrenching. We VIII continue to do so, but we will Day our honest and moral obligations