Salt Lake Telegram | 1935-09-18 | Page 4 | Balanced by Recovery

f r. Balanced by Recovery I r A BAL BALANCED budget is within sight if the theLL theS S 4 LL cUr current industrial nc recovery continues aBd and Ii if r- r federal relief expenditures s are arc carefully shaved This at any rate is the belief of the National Industrial Conference e Bo Board rd set fo forth th in a re report report report re- re port entitled Federal Finances in the Fiscal j J i ar 1935 The report asserts that if general expenditures expenditures expendi- expendi J.- J. tures tw for 1937 were held at the the same level as asfor f for r- r 1935 and if recovery recovery and relief expenditures vcr were h held ld to aI an increase in the f federal deal revenue even of or 22 per cent J more ore tha than the e actual receipts for 1935 would balance c tb the budget It believes eves that such increase ase in re can b be expected p if jf business business' co conditions ull ions ions' continue on i to i improve The quest question on the then n would seem seem to narrow down Vt-down down to Ito whether relief expenditures can be e C cut t Ut ft to the extent suggested If the i trade ade impo m rit reduces s unemployment ne y ent i tl they probably can f f Business usine recovery then seems to tobe the be-the key t to o f federal financial r p problems i