Show i t Put on the Brakes Brales T RAT HAT Congress will mIl have havo to address s itself to p the I practice of tho the most rigid economy durin during its ens en's ensuing ensuing en- en s 's suing in session an and for a long period in the future is well established The period of extravagance which lias prevailed before durin during and since the war must come t to an end or the government gO will wiH be confronted by bv financial distress bordering upon bankruptcy Tu This s I fact filet has been exploited man runny many tunes in the halls of Congress Congress Congress Con Con- I gress during the recent t session and found renewed re- re newe emphasis in the review rc of or estimates for time the fiscal year rear 1921 presented to 10 the tho House of Representatives cs by Congressman of Y Wyoming The statement of or liabilities submitted by bv Mr 11 Mondell on eU Vis i as follows Estimated d deficit in the thc general fund at nt the tho dose close of the current fiscal year 13 estimates contained in the book of estimates expenditures not included in the thc book of estimates esti esti estimates mates OOOO estimated d expenditures under civil war and Spanish war pension bills now reported estimated expenditures on account of railroads railroads rail rail- roads q i grand total of liabilities to 08 4 Et receipts are arc given gisen as follows Customs income and excess profits taxes miscellaneous internal revenue public land Jand sales miscellaneous sources 80 OO Panama canal ennal tolls toils etc war savings SAyings certificates deposits to retire I Federal reserve o and national notional bank notes j postal savings bonds postal revenues lC U grand total of receipts It will wilt be seen been according to these estimates the tho expenditures expenditures ex- ex ex cx- i exceed time the revenues by an and t i if Congress should grant in full the time appropriations asked and no additional ones were cro requested at the end of tho the ne next uett t fiscal year the government would face fuce the time same amo deficit in the that it will have llave at the end of this year But the worst is yet ct to come The Time estimated given en above do not Ilot cover cr all nIl the requirements f 1 for fer next year as Mr r. r specifically points outI out f I He i f r Th Tnt y d rio do n not t carr carry for Instance any sums suma whatever for increased pay or allowances Vane 8 for cr men or or of ot the tho arm arn army or navy nary rhe They rhey do to not carr carry a single penny for tor i Increased ed above what pay they are now for clerks and other o or ot the civil citi t t. t I for loans b nm es o or estimates development They projects carry no for the benefit of ot former I men These are arc all matters which must be taken into consideration con con- si since it is generally conceded that higher con j pay for the arm army and navy is imperative imperati t that nt government govern govern- better remuneration and ment must be given ghen that it is tho the duty auty of the government go to make some provision pro in recognition of the ser ices services of ot the soldiers sailors and marines marines It is obvious the favorite impie implement ment of Con Congress this spring sprin must be ho the pruning ng knife ant and it should be he without fear or favor favor yet yet with the time utmost possible discretion Additional taxes would be extremely unpopular except that a n new and more equitable system of ta taxation might bo be devised that mi might ht increase the revenues re to some somo extent The rhe issue of of bonds to meet current expenses in time of peace pence is i not to be thought thou ht of Rigid economy economy putting putting on oil the brakes must brakes must be the watchwords It is the only way |