The Dawson news. (Dawson, Ga.) 1889-current, 1924-11-18
GOVERNMENT BUDGET
CUT BELOW 3 BILLION
HALF A BILLION DOLLARS is
SAVED TO TAXPAYERS OF
THE UNITED STATES.
COOLIDGE FIXES THE BUDGET
President Will Send in Estimates of
Governmental Expenses to Congress
Session. Surplus of S125,0OO,OO0 Is
Hoped for by Executive.

Hoped tor by Executive.
WASHINGTON, d. C.-The Unit
ed States government budget, virtual
ly completed, fixed expenditures for
the fiscal year ending June 80, 1926,
at approximately $2,o80,000,000, the
lowest since the war.
The estimates are exclusive of the
expenditures of the postoRice depart
ment.
Budget Director Lord will submit
the document to the white house as
soon as a few minor details, which will
not change the totals materially, are
cleared UP.
Big Cut in Budget.
Compared to estimates on the 1925
expenses the new budget will chop
government costs over a half billion
dollars; it is $2,5s8,000,000 under the
1921 budget.
In connection with the new cost
slashing budget it was learned that
the treasury hopes to realize surplus
for the year ending June so, 1925, OF
nearly $125,000,00O, a hundred million
DetTeT tndu was HIot CStiiAntSu'
Treasury officials declared that the
cut in 1925 operating costs and the
drastic reduction in expenditures for
1926 will pave the way for material
cuts in taxes by the Goth congress.
Reduction of Taxes.
Secretary of the Treasury Mellon
has declared that tax reduction de-
4 he ~
nual SURPRISES which the government
is able to pile up,
The 1925 budget would have yield
ed a $250,000,000 surplus. President
Coolidge asked Director Lord TO
make it $l08.000,000," but it was un-
derstood at the treasury that officials
intend to go we'll ahead of the Cool
idge proposal.
The budget that President Coolidge
will send to congress next month con-
templates ordinary expenditures OF
81, 700 100000 interest on the public
debt, $830,000000 and redemption OF
rof the public debt approximately $780,
100000
How Reduction Came.
The heavy cuts over the 1925 budg-
ct are in the ordinary expenses and
likewise in interest and redemption of
the public debt, which was reduced
nearly a billion dollars this year.
In addition to the budget appropria-
tons, which are to be paid from taxes
and other government income, will be
am expense OF from $600,000OO0 to
$500. 000,000 for the postoffice depart
ment. The postofice department prac-
tically is self-sustaining and its costs
are not treated in the budget.
When the treasury attacked the
budget estimates the total contem-
plated expenditures were about So
200. 00000 They succeeded in chop
ping it several hundred million.
Total Cost of Government.
Since expenditures, as a rule, run
slightly ahead of appropriations the
total governmental cost in the 1870
fiscal year. including the postoffice,
will be about four billion dollars.
Officials pointed out that the budget
reduction was made in spite OF pro-
vision in 1926 for the world war adj
justed compensation, calling for about
S150.000,000 not figured in the l925
budget.
President Coolidge has fixed linn
itation of $1,8O0,000,000 for ordinary
expenses; the treasury was able to
practice. economies reducing this fig
ure by hundred million.
Estimates for Year.
In drafting the 1925 budget the
treasury had estimates of receipts for
that year of approximately $3,695,0O0,-
600. compared to 1925 receipts of So
6S5, 100000 and those of 1924, $40l2,-
100000
President Coolidge has informed
the budget director he is DESTROYS OF
cutting down the government pay
roll and it is possible that an attempt
to reduce personnel will be made dur
ing the next year. The president point
ed out that personnel is by far the
most costly item in our expenditure.