The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1924-07-11
WILL
SAVE BIC SUMS
FOR TAXPA AYERS
Congressional Support
Only Requirement for
Further Economies In
Conducting Affairs

Washington-Citizcns OF the United
States will be saved billion dollars
during the next fiscal year il Presi-
dent Calvin Coolidge is supported by
congress.
The president in his speech before
he governments business organiza-
ton meeting. composed OF the heads
OF the different branches OF the gov
eminent made il plain that he was
going to cut to the bone on all spend
ng OF the public's money. Mr.. Coo
idge did not mince words in his adj
dress. He made it very plain that not
4 dollar must be wasted and that ap-
preparations must be kept down to ac-
tual necessities. He pointed out that
the business OF government had been
established on an efficient hasis and
hat he intended that it should be
sept that way. He emphazied thee
TACT that one OF the greatest perils
of an extensive republic WAS the dis
OF l1QlNluudi
A Government which lays taxes
IN the people not required by urgent
public necessity and sound public pol
cy is not protector of liberty. but
m instrument of tyranny" President
Coolidge said. Unless the people can
enjoy that reasonable security in the
possession of their property, which
5 guaranteed by the constitution
against unreasonable txation. freedom
S at an end. The common man is
-es,rained aud hampered in his ability
to secure food and clothing and shelf
er. His wages are decreased. his
hours OF labor are heightened"
The president pointed out in most
emphatic terms that he stood today
5 he always has for the strictness &C.
Monty in the expenditure of the peo-
olc's money. He pointed out that
he fiscal year ending June 80. 1921
expenditures amounted to more than
:5.0O0.O0O.O0O and that the next three
ears under the budget system the
expenditures were brought down to
1875. 10000; 1907 100000 and So
'79O00,0OO respectively. He pointed
nut that the public debt had been re-
luccd S2.722 100000 during this same
eriod and that the saving in interest
,lonc to the people had been more
han Sl20.000,000 each year
The president called attention to the
act that when he met with the heads
IF the departments six months ago
re said that the fight for economy
rad but one purpose-that its bene-
IS would accrue to the whole people
through reduction in taxes. Taxes
have now been reduced.
while our immediate need is for
TX reform, as distinguished from tax
eduction. we must continue this cam
ign for economy so as to make pos
iible further tax reduction. The re-
lief which has recently been afforded
must be only the beginning" Coolidge
declared. He pointed ont that many
things had been done in the past which
we're not businesslike At all.
In discussing the preliminary esti
mates that are being prepared for the
lext fiscal year the president said,
For that fiscal year il will be my
purpose 10 transmit to congress esti-
mates OF appropriations which, ex-
-luding the interest on and reduction
n the public debt, and the postal ser
ice. will not exceed total OF 81 .SUO,-
100000 We must have no careless
ness in our dealings with public prop
.rty or the expenditure OF public
money. | am for economy. After
hat | am for more economy. So far
as it is within my power | will not
permit increases in expenditures that
threaten to prevent further tax reduc-
'on or that contemplate such an un-
hinkable thing rs increases in taxes.
II with increasing business our rev.
cnucs increase, such increase should
not be absorbed in new ways OF
spending. They should be applied to
the lowering OF taxes. In that direc-
ton lies the public welfare"