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Show Iffiliui NEW FISCAL YEAR RIGID BUDGET OF ECONOMY 18 PLANNED OH DIRECTOR DAWES FOR COMING TWELVE MONTHS Nation Lives Within Its Income According Ac-cording To Treasury Statement Covering Past Year Govern-ment Govern-ment Debts Are Reduced Washington Uing completely within with-in Its Income, according to official treasury statements covering all but two dnys of the fiscal yenr, the government gov-ernment Friday opened Its books to n new regime of economy nnd efficiency. Meeting In the office of lVudgct Director Di-rector Dawes, I'n-sMeht Harding Dnwes nnd budget repreentltlves of nil government departments made detailed de-tailed plans for the flscnl year 1022 to be far more economical than tho risen! year vhlcli onded yesterday. Up to June 28, tho government's books showed': Ordinary receipts, ?5,000,lll,00:i. Ordinary disbursements, ?5,0 11,410,-100. 11,410,-100. Surplus of ordinary receipts over ordinary disbursements, ?S5S,72 1.DS I. Grand lota! receipts, $li.40.1,-l3l),l-l-!. Grand total disbursements, $11,201, 507,:iGO. Surplus of grand totnl rece'pts over grand total disbursements, $201,931, 778. During the period of these reports the imtlonul gross debt lias been reduced re-duced approximately to $1,000,000,000, or about C per cent, other treasury statements show. The 'figures Indicate that for the first 'lime since tho wnr period the government has spent less than It too'k In, Including borrowings. Under plans announced by T)nwes( no official, large or small, can sponil more money than hns been allotted him without obtaining consent at Dnwes nnd then of President Harding. Dnwe's plans for cutting appropriations appropri-ations nnd building up n reserve fund were explained today to n meeting of Ids assistants at which Hnrduig wns present. "Within a few days," said Dnwes, "the budget official of. each department depart-ment will be naked to submit n minimum mini-mum estimate of the amount of money on which the department can get i through the year. All money appro ' printed over nnd above that estimate nvlll tie put Into the reserve fund. "In order to spend more than the ' estimate, any offle'nl must first get l -permission of tho budget director nnd then of the president. Th's will make ! each official, no matter how minor, In I responsibility, directly responsible to I the president or the United States for economy In his section. 1 "It will be very difficult under this . -Rcliemo to spend more money than ! (estimated." |