The Washington times., 1937-01-08
BALANCE
CLAIMED FOR
BUDGET
Continued from Page y
30 next of $2,652,653,774 as
against $4,763,84l,642 in 1886.


80 next of $2,652,653,774 as
against $4,763,84l,642 in 1886
None Must Starve
President Roosevelt told Con
gress:
"It is my conviction that il
every employer or potential en-
plOyer will undertake during the
next six months to give employ
ment to persons now receiving
Government help, the national
budget can thereafter be kept
definitely in balance.
without such cooperation on
the part of employers, the queS-
tiOn of q balanced budget for
1888 must of necessity remain an
open one, for the very good rea-
son that this Government does
not propose next year, any more
than during the past four years,
to allow American families to
Starve."
The huge and complicated docu
ment revealed that Mr.. Roosevelt
was asking for an immediate de
ficiency appropriation of $790 900,
900 to carry Works Progress Ad
ministration through the remain
der of the current fiscal year
Only $3.50, ,OOO, 900 of this is to be
actually spent between now anc
June 80, the remaining $40.
100000 being charged against the
new 1878 budget because, while
it must be obligated before thai
date, it won't be spent. The Presi
dent explained that drought relief
was primarily responsible for this
addition to last January's eSti
mates.
Debt to Pass 35 Billions
Mr.. Roosevelt estimated that
the public debt on June 80 o.
this year would be 35,026 millior
dollars, an increase of 1,248 mil
lion dollars over 1896. He sale
it should remain stationary al
about that figure in 1888.
He made three specific recon-
mendationS in the new budget
/. That Congress continue at
current rates those taxes which
otherwise would expire or be
reduced next June.
2. That the Scent postage
rate for first-claSs mail be con-
tinued.
3. That the Civilian Con-
servation Corps be continued
as a permanent agency, it hav-
ing demonstrated its useful
ness and met with general pub
lie approval"
Included in the 980-million-dol
lar national defense item for 1888
the budget disclosed, was slightly
over 20 million dollars for the
laying of two new battleshir
keels. The President, in explain
ing various features to the press
insisted these were requirements
under the terms Of the nava
treaty which expired December
81.
To Liquidate PWA
Further it appeared the Presi
dent was content to let Public
Works Administrator start liquid
ating beginning with the new
fiscal year. He recommended
only ten million dollars for ad
ministration expenses as agalnS'
twenty-six million dollars for the
current year. He explained Public
Works Administration would still
have approximately two hundred
million dollars in its revolving
fund with which to undertake
certain types of work.
On the subject of relief the
Executive said:
81 plan to submit at later
date an estimate of apprOpria-
ton for additional relief for the
fiscal year 1888, which / hope
will not exceed the amount Of
$1,537, ,123, 900, previously men,
toned. This hope is based on
the assumption that industry
will cooperate in employing men
and women from the relief
rolls in larger numbers than
during the past year"
This meant that at this writing
the President was contemplating