Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-04-25
President Announces >Esti-
mated Expenses in 1882
Will Be S4,119,230,649.
INCREASE is $4,000 900
OVER BUDGET FIGURES
Loans on Veterans Certificates
Will Amount to at Least
$1,o50, 100000, He Says.

President Hoover expects 1879 083
less will be needed to run the Govern
ment next year.
After a cabinet meeting yesterday he
said the estimated expense for the fiscal
year ending June 80, 1882, was $411e,-
z30,649. The expected cost for the pres
ent fiscal year. which ends next June
80, is $4,435 ,029,732
The next years expense estimate
shows a $187, 100000 increase over bud
get figures submitted to the last Con-
gress, which made appropriations for
the period. At that time the Budget
Bureau expected there would be a
S3000o,000 surplus. Its estimate Of
income, however, failed to allow for the
sharp falling of Of income taxes shown
in collections the last month.
Has Spent 3,451,159,2O6.
At the close of business last We'd
nesday, the Government had spent
SO, 451 ,159, 206 for the current year. or
1901, 167,797 more than all collections.
It Is expected this deficit by the end
of the year will be $700 $1,000 be-
cause of the increased expenses and
decreased income tax and other receipts.
In his announcement the President
lid the $4,119,230 649 estimate included
only Post Office deficits and not the
entire working expenditure of that de-
partment.
Government costs for the last fiscal
year, he said, were about S3,994, 00o,0 900.
Relief Work Adds to Total.
The budgets for all three years." he
asserted, ARE greatly influenced by the
increased expenditures for construction
work in aid of unemployment, for relief
to agriculture and for increased service
to veterans, but 1t will be seen that
these increased expenditures are some
what Offset by reductions in other di-
rections."
"The heading of public buildings and
public works" Mr.. Hoover continued.
amounting TO S434 100000 for this
fiscal year, and estimated at more than
s457, 100000 for next year. includes
highways, but does not include con-
struction expenditures Of the Army
and Navy for military purposes, or the
Veterans Bureau, or merchant marine
through loans from the Shipping
Beard, or for aviation and park i'm
provements and sundry other minor
construction items. The total of all
construction work, including these
items, is now progressing at the rate
of over S725, 100000 per annum, being
about 100000 per annum in ex-
cess of the rate of expenditure for
construction previous to the depression.
The expenditure shown as aids to
agriculture, of a total for this year of
s34I, 900 ,000," Mr.. Hoover said, in
cludes drought relief and farm ex-
penditures, together with ether ex-
penditures of the Department Of Agri-
culture, but does not include highway
construction.
Bonus Loans Excluded.
The expenditure on veterans relief
shows an increase of about 100000
900 for the present fiscal year, but in
cludes $4,000, 900 of the normal pay
ment into the bonus fund for the next
fiscal year, which was advanced by
Congress to the present fiscal year.
This statement of the budget" Mr.
Hoover said. in concluding his explana-
ton, does not include loans upon the
bonus, except so far as they are repre-
sented in the annual payment into the
DO0uS lUIQ VI dDOub 9lIS.VOUuOO. ouL
loans on the bonus certificates neces-
sarily affect the Treasury finance. Gen.
Hines, administrator of veterans af-
fairs. informs me that the new loans
made under the recent law, together
with those already outstanding under
previous law, amount to about S9l2.-
900 900. In addition to these amounts.
applications are at hand amounting to
q bout $40, 900 900 more. making total
Of expenditure already in sight Of about
81 ,05o, 900 600"