| Show TIM TIME E TO HALT HAL T ECONOMY PlAN r MILLS TH THINKS IN KS Huge Expenditures for Works Favored He lie Declares NEW EW YORK TOEK Jan 22 ByThe 22 Associated Press Press s The question ot of howlong how long the thc admInistration will be able to continue its 1111 pro pro- program pro cram gram bram of ot economy wa was raised to- to toda today to today da day by Representative Ogden Mills ot of New York Tork selected elected by the president as tho next under secre seers secretary secretary tary of ot treasury In opposing the demand for tor tax reduction reduction reduction tion by congress Speaking t s-t a luncheon meet meeting ing log of the National Republican club Mills 1 a a member of ot the house ways aid d means committee where all revenue legislation must originate t Hal said 1 that willie while a 0 surplus of ot has been estimated for tile the next fiscal year there Is reason to anticipate an Increase In to governmental expenditures expend expend- expendItures expenditures AT AI BEDROCK While WllIe tha policy at economy has resulted In gratifying decreases es in tha th cost Jt cus t of ot government lie ho declared my observation leads me to bellev belleva that the adminis administrative cost of government has probably reached bedrock The pOlicy has b been on popular but how howlong howlong howlong long will It remain so Judging ay y what Is takIng place In our states and municipalities pall ties there them is a very real danger that public ma may tire of retrenchment and ld demand cx- cx ex expansion ron roll WORKS Already a trong movement In favor tavor of the Iho expenditure of large sums sun on vast ast public public- works Is welt ell under way and lId when It comes to spending con congress Is Is very ery apt to tobe tobe tobe be to the public do- do de demands mands All ot of thue factors must bo given due weight In framIng our revenue Stills Mills said Mid application of er o the surplus to public debt reduction means a benefit to all taxpayers taxpayer ers er and that early retirement ot of the debt would result In an enormous In Interest A comprehensive survey of ot the corporation tax field wa was advocated advocated rated by the New V York member to ascertain whether tho the burden Is excessive from the tho standpoint ot of Industry JI 1 HI said MId the tho federal Inheritance tax should have ha been completely r repealed a year ago |
