The Dawson news. (Dawson, Ga.) 1889-current, 1925-07-07
300 MILLION INCOME
TAX CUT IS POSSIBLE
PRESIDENT COOLIDGE SETS
FORTH ECONOMY POLICY OF
HIS ADMINISTRATION.
DEMANDS GREATER ECONOMY
In Talk to Several Hundred Depart
ment and Bureau Heads He Tells
Them How to Conduct the Nations
Business in Interest of People.


Business in Interest of People.
WASHINGTON, D. C.-President
Coolidge has officially announced
the possibility of an immediate reduc-
ton in income taxes of 100000, 00C
or more on the basis of economies al
ready effected and called for further
reduction in the cost of government
which will make possible still further
tax lowering.
This welcome news to all who pay
taxes, directly or indirectly, was con-
tanned in a 25-minute talk which Mr..
Coolidge, as head of the business-the
business OF governing this country OF
ours-made to several hundred depart
ment and bureau chiefs before he left
Washington on his summer vacation,
telling them how to manage the af-
fairs OF the national corporation so as
to yield the highest dividends of pros
perity and welfare to the ll5,000,000
stockholders.
While the government administra-
tors must do all that is possible to
cut down the cost of government, the
biggest economics that could be eff
fected lie with the people, Mr. Cool
idge said, referring to the encroach-
ment Of the federal government upon
local self government resulting in a
double burden of taxation federal
l. JAa,+,Arr 10 4ha e+o RI
state taxes to meet the extravaganza
OF state expenditures which are tempt
ed by the federal donations"
Urges Use of Pruning Knife.
The streak of thrift in the Coolidge
personality doomed large throughout
this meeting between the president
and Budget Director Lord on the one
side and the subordinates who must
be relied upon for efficient and eco
nomical administration of the govern
ment on the other side.
Mr.. Coolidge, reading from care
fully prepared address, larded with the
cipherings of government bookkeep-
ers, counted up how much had been
saved in the cost of administration
since the war ended, how much is be.
ing saved now, how much he is de-
termined there shall be saved next
year and how much more he contem-
plates reducing expenses the year at
ter that.
Glanoing over his reading glasses
from time to time and pausing after
significant utterances Mr.. Coolidge
put If squarely up to the bureau chiefs
to cut out waste wherever it appears.
Then he resigned the rostrum TO Gen.
Lord. who can use the pruning knife
wherever he finds the bureau chiefs
neglectfu1 OF the possibilities of saving.
Seeks Greater Efficiency.
1t is not economy for economy 5
sake that he is demanding, he said.
What he is after is a greater efficiency
in government "by the application of
the principles of constructive econo-
nv" in order that the tax burden OF
the people may be reduced. Cutting
down government expenditures is only
the means to the end which is tax re-
duction
The people, he pointed out, are put
ting I'D S10.000,000 a day to run the
national government. This money
has to be earned" Mr.. Coolidge OBJ
served incisively with significant
glance over his glasses Those who
earn it, instead of using it for their
own benefit, must turn it over to the
government. Their freedom is restrict
ed But if the amount they must pay
to the government be reduced they
will have more comforts and advan-
tages and a greater measure OF pros
perity, for lower taxes mean better
business.
Total public expenditures in the ifs
cal year. ending June 30th, were
S3,035, 100000 compared with $5,1l6,-
100000 in 1921, while the public debt
has been reduced from $23,977, 1000
to ISL 100000 That retrenchment
the president pronounced unparalleled
in history. 1t has made it possible to
tighten the tax burden materially al
ready and yet it cannot be said that
taxes have ceased to be burden, the
president said.
The aim OF the government, Mr..
Coolidge declared, must be to reach
the point where taxes cease to be a
burden. He estimated the surplus for
this fiscal year at $200,000,OOO and for
the next fiscal year at $290,OOO,0OO.