OCR Text |
Show PRESIDENT WILSON OPPOSES BOND ISSUE Cabinet Considers Ways and Means to Meet Treasury Deficit in 1918. WASHINGTON". Pec. IS. President Wilson and the eahinet already have begun be-gun consideration of ways to rnise revenues reve-nues to meet the threatened deficit on June 30, IMS. The president let it be known today that he had reached no conclusion, but In general was opposed to bond Issues except to meet expenditures of a temporary nature. He probably will address congress on the subject later. In this connection, the possibility of the continuance of the patrol of the Mexican Mex-ican border into the next fiscal year Is being taken Into consideration. To keep the expenses of the government govern-ment as low as possible, the president will carefully scrutinize all the appropriation appro-priation bills. In a conference with Chairman Spark-man Spark-man of the house rivers and harbors committee today, he urged that the rivers and harbors bill now being drawn provide pro-vide only for urgently necessary expenditures. expendi-tures. Another conference will be held before the bill is introduced. Many new-projects new-projects have heen favorably parsed upon, but will not be included In this year's bill for economy's sake. |