Show COOLIDGE ASKS I II I CUT IN BUDGET i Would Reduce Expendi Expendi- Expenditures Expenditures Expenditures tures of Government By 20 Million I SWAMPSCOTT S Mass Aug 10 A W President b-President- President Coolidge Cool today todY approved a tentative budget for ur next years year's appropriations calling for a Il reduction if I over o this Director Ix Lord lArd rd of the budget 1 presented the which come within the figure directed by Mr r. Coolidge In his address at atthe j I I Ie the last business meeting of oC the r government e e i Although tIme the slain was as not made public l It Is understood the army arnsy and navy nav will bear benr a It good portion of the cut In next years year's appropriations President Coolidge has declared he lie believed bellev d dan an adequate defense could be maintained at less expense exp nse The budget which is for 3 Is i only tentative and will hearings hearings hearing will still be bf held In 11 the fiji fl before final figures are presented presente to In con M. M On a basis of ot a surplus of In the treasury treasur on oil 1 June 30 and an nn estimated sur sur- surplus surplus plus of ot for this fis fiscal fis- fis fiscal cal year ear Director Lord Informed the president that he ho believes believe tax reductions amounting to 10 at lea least leat it I OO would be warranted rl ota rt While only will I ho to I saved paved In appropriations next year ear government financial experts esti estl- estimate estimate mate mot the reduction In taxes will sill willbe willbe be fe offset by Increased returns Increased appropriations are ac accounted Q ac- ac counted cou ted for In the new budget for some Iome bureaus Mr Hr r. r Lord Lor l ald said but these t will 1 be offset by lIy heavier VI- VI VIer er slashes In the funds to be ba allowed other government depart depart- departments ments Just what portion the national I defense will carry In the tho reduction tion and where the cuts cut will bo ba borna rna in the military services 1 has not been disclosed on |