The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-03-27
COOLIDGE OUT
With GLOWING
SELF PRAISE
Says Stupendous Costs of Gov
ernment Have Been Reduced
to Recognizable Figure.
REASON ENTHRONED
BY THE REPUBLICANS
Genoa Conference Avoided to
Prevent Participation IN
European Troubles.
(sy The Associated Press)

NEW YORK. March 26-The first
year of PresidentiTIarding's adminis-
tration has been ! period of progress
with an almost incredible achievement
in economy, Vice President Calvin
Coolidge declared IL an address today
before the Brooklyn Institute of Arts
and Sciences.
Asserting that public employees had
been reduced nearly $4,000, the army
by $4,000 and the large reductions pro-
posed IN the naval forces, all OF which
were beginning to. show in the gov
srnment's appropriations and expen-
ditures, the vice president said:
Prior to the war the annual appro-
priations were a .ittle over a billion
dollars. For the FAST fiscal year they
were slightly more than five and one
half billions. For the present fiscal
year it is estimated that this will be
reduced TO somewhat less than four
billions and for the next fiscal year,
for which appropriations are now be-
ing made, there will be a reduction to
about three and ope-half billions. The
interest and payraents required for
the public debt are about one billion
three hundred and fifty millions. The
costs Of miuisterfng TO the require :.
ments Of the veterans bureau is about
one-half a billion. The cost of the
army and navy is. over eight hundred
millions and another quarter a billion
goes into pensions.
Pre-War Cost.
"If from present expenditures there
he deducted those items that across
a. 4
now being expended on good roads and
the army and navy, the present cost OF
running the COVER, ,,ment would not ex-
ceed the pre-war, cost by more than
two or three huIdred millions.
This represents an achievement in
economy which \ almost incredible"
Stating that the Washington arms
conference proceeds on the funda-
mental theory OF substituting for the
sanction OF force in international rela-
tions the sanction Of reason" Mr.. Cool
idge asserted:
"It has been year OF progress alto
gether worthy of great people. 1t
does not mean that military estab-
lshments are to be no longer required.
An agreement to maintain a parity be-
tween navies is not an agreement to
abolish navies. There will be a great
saving of expenditure, but it will not
be so much In present costs as in fu-
ture requirements. These great reme-
dial policies which are being adopted
are fundamental in principle They
moan that hereafter a larger proper
tion of human effort can go into pro-
ductive activity They diminish the
material waste of extravagance in
government and the spiritual waste
OF distrust In diplomacy. Liberty has
taken increased guarantees Reason is
more firmly enthroned. Hope and faith
are revealed more clearly as the great
realities
Over Million a Day.
An adequate organization for admin
istering government relief OF war vet
problems, he said, which later was
placed under supervision of the vet
erans' bureau.
1T is easy TO realize" he added, |
what a stupendous task this work is
when 1t is remembered that there has
already been paid to disabled veterans
and their dependent relatives. about a
billion and a half dollars and there is |
gong out OF the treasury eaCn uaY |
close TO a million and quarter dol
lars The government already has |
nearly 80 900 hospital beds and viii |
soon have $4,000. There are about 29, |
600 men already in hospital who re-
ceive besides their keeping and care
from $50 TO si57 each month.
The awards for compensation run |
over S2oO,OO0 each month and the
awards for insurance over $4,000. |
while there are $4,000 compensation |
claims and 1900 insurance claims re-
ceived during the same time.
Training 10000.
There are about 10000 men re-
ceiving vocational training, most OF |
them under pay and at a maximum
cost OF $iGo each per month. There |
are already in existence 1O7 hospitals |
which provide 1S2 employees for each
eco patients. There are 5000 schools |
used throushout the country for train
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