Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1935-01-24
FARLEY TELLS OF MAIL
ARGUE GOLD CLAUSE
THE 1886 BUDGET
ARMY GETS INCREASE
NAVY TO BUILD SHIPS

TOSuIldSL6T GGl6Td fdIley eA-
presses the hope that his next an
nual report will describe t~ranspacific
air transport service, and calls at
tentiOn to the fact that plans for a
transatlantic air service have further
advanced. He says that reduction of
the air mail postage rate has produc-
ed an increasing volume of air mail,
that the service now includes
mileage and cities than ever before
and that as a result Of ~cancelling
the former contracts the average
rate of pay per mile is 26.802c COM
pared with an average Of 43c a mile
prior to annulling the contracts.
He insists that the &c letter mail
rate must be continued to prevent a
loss Of rs million dollars per year In
revenue. Referring to the debated
postal surplus OF $12, 161, 015 for 1884,
Mr.. Farley says that this compares
with deficits ranging from 4S million
to 1853 million for the previous four
years, and that these amounts were
arrived at after adjustments for non
postal items authorized by law.
These include the air mail subsidy,
the ocean mail subsidy, franked and
penalty mail.
Attorney General Cummins last
week appeared before the Supreme
Court for the first time since he took
office to argue the validity OF the
present monetary program, and to
contend that Congress was within its
powers in forbiding payments In
gold regardless of contracts previ-
ously signed. AS u readers know
almost all bonds, mortgage contracts
and other papers provided for pay
ment in gold or it's equivalent on de
mand, but this was abrogated In
June, 1888, by a joint resolution of
Congress. Four cases are before the
court involving about 70 million dol
lars in principal and interest, but the
decision Of the court, it Is expected,
will affect payments involved to the
amount Of hundreds OF millions Of
dollars.
President Roosevelt in his budget
message requests $780, ALB, SOC for
the fiscal year 1886, Including a lump
appropriation OF about four billion
dollars to be spent virtually as he
pleases. This would mean a deficit
Of four and a half billion dollars for
the fiscal year ending June 80, 1886,
and an increase of 3 billion in the
national debt, bringing 1t to a new
high record OF 1929, 000, 900. For
ordinary expenses the budget Is 49,
301, 968, 125, to which must be added
statutory debt retirements OF at
least S634,434 900. For emergency
purposes "a, ITO, oil ATS is for general
uses, and s472, 900, 900 for the AAA.
The estimated revenue Is expected
to be somewhat more than the Ordi-
nary expense of the government for
the year.
The President did not speculate
upon a balanced budget except to
point out that such deficit as occur
in 1886 would be due to expenditures
W give NOIk W y anu
that these would decline "as rapidly
as private industry" Is able to
ploy those now out of work.
In Congress there developed some
sentiment against a blanket author
ization OF the sum requested for re-
lief with Democratic conservatives
and Republicans emphasizing the
costliness OF the program. Labor
sympathizers objected to the pro-
posed pay Of relief workers at a fig
ure below that OF private industry.