The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-12-10
BUDGET OF 1888, 762,078 is
ASKED FOR NATIONS EXPENSE
OF GOVERNMENT DURING 1924

Washington, Dec. 6-Here ar,
the Budget Bureaus estimates or
government receipts and expendi
Receipts
Internal Revenue
CuSIoIIlo OBSERVATION-DISCLOSURES.
Miscellaneous
TOTALS
Expenditures
Legislative establishment ....... 80.
Executive office
War Department, including Pana.
ma Canal
Navy Department ACKNOWLEDGEMENT.
Department Of Agriculture ..........
Department of Commerce ...........
Interior Department .....>..-.........
Department of Justice ..............
Department of Labor ......
State Department ..............
Treasury Department ...............
District of Columbia
Postoffice Department (deficit)
veterans Bureau ........
Emergency Fleet Corporation.
Other independent offices ......
Total ordinary expenditures.
Public debt
Reduction of principal
Investment of trust funds
Interest on public debt.
Grand total expenditures ......,.....
Excess of ordinary receipts
over expenditures ................
Balance at beginning of year ........
Total balance acknowledgements.
Deduct amount available for 4,
redemption of public debt.
Balance in Treasury at end fiscal
year ACKNOWLEDGEMENTS.
A reduction of ~$275,OOO, 900
in the operating expenses of the
federal government during the
next fiscal year is proposed in
the annual budget transmitted to
Congress today by President Cool
ldge. Total expenditures are esti-
at 1928 ,68O,444 and re-
ceipts at 1898, 762, O78, leaving a
surplus of $395,681, 634.
These estimates are on the basis
of existing revenue laws, however,
and should Congress reduce taxes
by the more than $30O,OOO,O0O rec
by the administration
much of the projected balance
would be wiped out.
Appropriations requested for the
year beginning next July l aggre-
gate $3,O18,O69, GAG, or $260, $685.
022 less than those for the current
fiscal year. President Coolidge
said this reduction was in response
to Executive instructions in the
preparation of estimates by the
departments and federal
agencies.
"This was essential to contin-
uation of the policy of strict and
drastic economy" he said. "That
is the administrators unbeatable
policy. 1t has been adhered to
unswervingly in the past and we
shall hew to the line in the
future"
The cost Of national defense
next year is placed at $548, 531 ,238,
a reduction Of $35, 100000 as COM
pared with this year. Military
pensions, retirement pay, World
War allowances and the like will
take $656,300 606 out of the Treas
ury as against $7O3, III, 578 this
year. -,
Fixed charges on account of the
public debt are placed at $1,372,-
277,975, which includes $500, 0O0,-
600 of interest and $482, 277,975 fer
retirement Of securities. The in
terest payment shows "a reduction
of $50,0O0,OOO as compared with
that for the current year.
OF the total Of ,$311, 100000 Of
by the Navy Depart
ment, $4,000, 600 lis proposed for
ship construction, Sic, 000, 900 for
The air service and $1,O00,00O for
bhe scrapping Of naval vessels.
The largest single item is the pay
Of the navy, $4,000, 600.
Out Of the War Department
total of $314,0OO.O00, $12,735, 600
is proposed for the ain service;
SIS, O0O, 900 for the National Guard
and $3,8OO,OOO for Qualifications.
Expenditures Tor rivers and har-
oors are estimated at $45, 786,00O