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Show EX-PRESIDENT TAFT IS GUEST OF HONOR NEW YORK, Dec. 12. Former President Pres-ident "William H. Taft, guest of honor at a luncheon todny at the Lawyers' club, spoke at length on efflcieuey aud economy in tho national government and advocated the establishment of a budget system ''All the countries in the world that have respectable governments except our own, have fbudgets, ' he said. ' 1 We have acted liko children. "We have had so much money availablo through titxa-tion titxa-tion that we have not been obliged to commit the revenue sido of the lodger. ''Now we are coming to the point where vro must, and in view of that necessity ne-cessity we must pursue the policy that ;ill other governments have found absolutely abso-lutely neeessarv in order to Keep out of bankruptcy. ' |