The Glenwood post., 1923-02-15
Uncle Ted'S Bed Time Stories
Current Events for the Children
and Grown-ups, Too
LAST BUDGET MEETINGS
SHOW TREMENDOUS ECONOMY

SHOW TREMENDOUS ECONOMY
So that g what is worrying him, is
itf" said Uncle Ted after Freddie had
been talking about his fathers COM
ment on the income tax.
"I know it's bad enough, but we all
ought to be mighty thankful that we
are living right here in the United
States. In England the government
is getting about 25 cents out of every
dollar earned. France is taxed to the
last drop and everybody knows what
condition Germany is in. AS for the
other countries of Europe, I can't
think of any would want to live in
as compared with the good old U. s. A.
"Besides, children, our president
and those who are working with him
at Washington have accomplished Won
ders in bringing down the expenses of
running the government, which means
that our taxes of all kinds will be
greatly relieved. In face of the ire
mendous expense incurred during the
war and the natural results following
the war, it seems to me that we can
feel justly proud of the genuine bust
ness methods that have been used in
running our national affairs from
Washington.
"As long as we are on this subject
let me tell you something about the
recent meeting of the budget staff.
President Harding has been attending
all meetings of the budget staff, but
this last time he was unable to do so
because of illness. Vice President
Coolidge was there and read message
from President Harding, and the big
thing that was reported was that the
receipts for next year will exceed the
expenses by $4,000, 900, That IS what
you call real business methods. When
any big corporation can make $780,
100000 more than it spends it shows
highly efficient management.
"Better than that is the fact that
this new budget system is showing the
various departments that they can so
plan their work year ahead that
they can ask for much less money from
congress. Then, too, there are many
things needed in every branch of the
government that can be bought in
bulk where they were formerly pur-
chased by the individual departments
in small lots. This meant much higher
prices. At the meeting last July it
was estimated that there would be a
deficit this fiscal year in running the
government of about $7OO,000,000. In
stead of this, after six months of real
economy, the deficit has been cut 10
less than slOO,OOO,oOO.
However, President Harding is not
content with this record. He urged
that the departments keep on cooper
ating as they have, so that the re-
mainder of the deficit may be wiped
ent' rely out. As Ben Franklin said:
"A penny saved is penny earned
''I cannot imagine what more the
taxpayers could want than this record
to give them the utmost confidence in
the present administration. After ALL
it is the way the federal government is
run and the way our domestic prob
lens are handled that means success or
failure to the United States. It shows
that the Harding policy of more bust
ness in government has brought re-
suits
'After praising the co-operat on of
the department heads and pointing out
the economies of which l have told
you, President Harding, in his mes
sage. said:
"'It is a pleasure to state that
the estimates of appropriations
submitted to congress for the fiscal
year 1924 are $12O,000,000 less
than the estimated receipts for the
year and s1s6, 900 900 less than
the appropriations for the current
year. Whatever pressure may
have been brought to bear on the
executive departments of the gov
errment with reference to their
estimates, there must have been
in the departments concerned
spirit of sacrifice and COT operation
to make this real achievement pos