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Show HOOVER EXPECTS SMALLSURPLUS AT EHDOF YEAR Income Tx Collections to Total $2,400,000,000, H. Say. WASHINGTON, April (Umlsd fras) frasidant Haav' asliavss lha Unitad datas will ls H bank aaah an Juna M with a small surplus and snlitlpataa, aa Sdyl af tha trsasury, Inaama laa (alias I -an af 12. 40000.000 fay tha fiasal raa '). In makln lhaa praillrllona la at niaht, Mr. Havar warnad ronsraaa again agalnat aaraaalva sppmnrla Ik.aa. If bllla railing for sinandl. lura af llll.n.Sa. slraady raport. ad fsrarahly by rangraaalanal com-mlttaaa. com-mlttaaa. are anartad. a drfK It will raault. ha aald. Tha araaidant no ad with sella, faction that, an tha haaia nt Marrh Inoame laa raturna. nelihar ror-norallnne ror-norallnne any Imllvlduala wara as eerloualr Inlurad finanniaily by tha etork markat rraah aa had baan leered. Corporations aa far have re. ported larger eernmga than In I til. ha aald. Tha preeent pmepect la that raturna from Individual will he laee than la !:, but more lhan In l-l I aiLLION TAX "The Marrh mllactlona.- Mr. Ilowver said, "Indicate that Income tas revenue will actually asgra. gal IMm MtMt, which, allowing t. One oa for a reducitMna, would rerreapnnd lo i:,t 00. 00 tinder tb Id raiaa. "fn lha other hand, there bea baan a auhataniisl falling erf In ruatoms dutee. The eetlmeted rave. nie frnm title eetirre amounta la f aoa sao.sn, a heraaa preeent Indl-retlnne Indl-retlnne are thet not mora than I' to es on B,ay he axperiad tine fiscal yeer. "lYintt thaeetlmataa and the rtir-rent rtir-rent ret of evpanditur. It apneere that we ahuutd lie able to c.a tha flaJ yar ending Juc IS with a vary mndarate attcplna " TO dbaaCUtt AUtJf CT Mr. Iloevay did not man I Ion lha einacted raenartment of the Sa. ens at income ta reduction bill, which treeaurv offl'lala eipat to he made noaaihle hy the anilctiwled aurplua of June la. A'lmlnlatrailon officials and laglalatora are pre tad lo take tip Ihle ailh)M-t later on In the yeer. after the revenue hsva taken more definite form. |