OCR Text |
Show Real Economy President Coolidge, working for economy in the expanses ex-panses of the national government, urges state administrations administra-tions to seek a like oconomy in their governments. It is good advice. Hut there is danger that it will be taken in the easiest way, which is not really economy, but extravagance. Real economy consists in getting more or better service for the same or less money. That means fundamental construction con-struction of the whole state organization for raising, appropriating appro-priating and spending money. It takes study, courage, work, mid hardest of al! thinking, to do that. False economy is easier, and, for one election, it may get quite as many votes. It consists simply in spending less money this year. And the easiest way to do that is to stave off until next year, or until the next administration, expenditures that will have to be made some time, and could be made cheaper and more usefully now than then. This is the principal item in many spectacular "economy" crustales. It is nearly always extravagant. |