The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1929-07-03
HOOVER ECONOMY
washington STAR

VA W.
For the five and a half years of the preceding white
house regime. the country became familiar with a phrase
It appears that we are on the verge Of a new era Of the
same sort, to be known as Hoover economy Hardly
any other. construction can be placed on the announce
ment just issued by the acting director of the budget, r.
O. Kloeber, in the presidents name. Mr. Hoover. the
communicate sets forth. will allow no increase in the
federal budget for 1891 above the amount appropriated
for the fiscal year ending June 80, 1880. A total of
$780, 10000 is the estimated cost of operating the ship
OF state during the business twelvemonth about to set in.
Beyond that figure the president Is determined not to 60.
Herbert Hoover is an engineer. Keeping costs down is
OF his professional bone and sinew. But he is also q
nuilder. and building, in government as well as in other
fields. calls for expenditure. Mr.. Hoover has always rated,
IN and out OF office, as a man who looks upon wise ex-
pendture as the sanest form OF economy and upon par
simonious retrenchment as the rankest extravaganza.
The inspiring federal building program, Of which he has
always been an ardent supporter, Is Z case In point. The
president believes that it is a far more economical prn-
clple Tor Uncle Sam to house himself In adequate prem
Uses of his own than to camp out here, there and every
where in quarters which are not only inadequate, but
department Of commerce, Of which Mi. Hoover recently
lad the corner stone. Is going to save the government
eventually IN rent al It cost. many times over.
The nation anticipates an essentially constructive adj
mlnlstration at Herbert Hooyers hands-constructive. in
a very literal sense. A dazzling array Of projects is al
ready scheduled, and to the promotion Of practically all
of them he is formally committed. The president Is sign
ing the Boulder Dam bill today. The great water power
enterprise will run the treasury into many tens Of NIL
lions before its %beneficent blessings are ready for be-
stowal upon MI. Hoover's own home territory.
There is the $500, 00oo 900 revolving credit Of the new az
Cu!cId marketing ACT. 1nere are the ln1n1eaSurdDle
millions which Mississippi flood control will call for.
Congress has authorized the laying down Of Is modern
cruisers. &c cost ~$25.0O0000 apiece. or so. The Great Lakes
st. Lawrence waterway will some day spring into being.
II the eneineer-presiden can have his way. It will be q
gigantic scheme. In dollars as well as dredging.
when MI. Hoover q year aeo was accepting the Repub-
!ican nomination for the presidency, he advocated super
loesaI drafts on the treasury for farm relief. His argu-
ment was that : country as fabuously rich as the United
States should moi. and need not, cavii at the cost. even II
y entailed several hundred millions Of treasury funds.
There was the courage Of the pioneer IN that pronuncia-
mento and the people ratified It overwhelmingly ct the
polls. Distressed agriculture is about to cash in on It.
american taxpayers want economy In government.
Iney are assured M. Hoover will see that It is MAIN
tanned. though perhaps not always on the unrelentine
Vermont scale. But they are also persuaded that in the
man now at the helm the country has q president who
takes no stock - the theory that economy at all costs Is
the best policy.