The midland journal. (Rising Sun, Md.) 1885-1947, 1923-12-21
NATIONS BUDGET
UP TO.CONGRESs.
President Coolidge Transmits
1925 Estimates rs,
ASK SPEEDY TAX CUT
Executive Says Soldier Bonus Would
Wreck Mellon Program s4s,-
oes,ooo For Vets. Y
Bureau.
ASK SPEEDY TAX CUT

idge, in a special message trans
hitting the budget for the 1925
fiscal year, called on Congress to.
reduce taxes at once. e '9a
He Endorsed in full the Mellon pro
gram to cut taxes ss23, 00O, 900. &
He opposed the soldier bonus as
deadly to all hopes Of tax relief and
as not proper obligation" to the
veterans.
The time has come, he said, to share
the benefits Of governmental eco,
Monies, pas. and in prospect, with the
people by reducing the tax burden.
Rigorous adherence by Congress to
budget estimates will permit imme-
date and continuing relief; enact,
ment of extraordinary appropriation
measures not contemplated in the
budget will defeat. Mr.. Coolidge de
clared.
For his part, he will guarantee that
executive departments responsible to
him will "hew to the line" he told
Congress.
The budget transmitted by Mr..
Coolidge provided for Government exe
penditures of $s,29s, 0sO, 444 during the
1926 fiscal year, s2s6, S57,644 less than
during the current year and the low
est yearly expenditure OF the Govern
avRf cfrna hafnro Inc xvor
Specifically, the Executive asked for
appropriations of s3.01s, $685. 46, the
difference between appropriations and
expenditures being due to the fact that
Congress makes some appropriations
which carry over from year to year.
A surplus OF $685., eS1, sS4 In the Gov
ernment's financial operations for the
next shsca year was estimated, as COM
pared with an estimated surplus of
$S2s. s3s. s24 this year and an actual
surplus of 5000, 1857 400 in the fiscal
year which ended June 3d. 1928. s.
These figures, Mr.. Coolidge. told
Congress, certainly justify the view
that we can stand reduction in our
ordinary receipts and still achieve a
balanced budget"
The total receipts Of the Govern
;nient during the next fiscal year were
estimated at 1888. 762.O7S, as com
pared with ss,ss4,577,712 during the
current year, a decrease Of s201,0O0,-
900. These estimates are based on
present taxes and include back tax
collection Of approximately $3.50. 000,-
900. ~
Outstanding among the estimates
for appropriations for the fiscal year
1925 was the item for interest on the
public debt. amounting to $3.50 000, 900.
Second only to this was the estimate
for the Veterans Bureau Of $349, 065.-
900.
Next in size were the appropriations
asked for the War and Interior De-
partments. respectively 1886, AL. 0S2
and s299.s12 500. The Navy estimates
stood FIFTH at $27s,4s9, 1854.
With the exception OF the Postofiice,
Commerce and Justice departments,
which obtained increases, estimates
submitted for the executive depart
ments and independent ofices were
slashed far below appropriations pro-
vided them for the current fiscal year.
The Veterans Bureau suffered the
greatest cut, its estimate being placed
more than sSO.OOO,O00 below its cur
rent appropriation.
Mr. Coolidge told Congress In his
message that in addition to these ap-
propriatiops, he would shortly ask It
to provide an additional $4,000, 900
with which to purchase more equip
ment for the Coast Guard to enable 1t
/ to cope more adequately with rum
runners. II granted. he will later ask
$4,000. 900 more for the same purpose,
he said. These appropriations, he
said. would be charged against the
current fiscal year.
While dwelling on this subject, Mr..
Coolidge called particular attention Of
Congress to the increase OF 81 600 600
In 1925 estimates for prohibition en-
iorcement. indicating his desire that
the money be provided.
The estimates for the War and Navy
Departments provide for the continue
ton of the present personnel Of the
service, no money being provided for
the increases in man power sought by
Secretaries Weeks and DENLY.
~
* MoMEN tI2 AS npItNHe