OCR Text |
Show Cannon Hits Deficit Policy The shairman of the House Appropriations Committee. Rep. Cannon of Missouri, emphasized recently that deficit spending appears to be the accepted pol icy in Washington. "There was a time when we drafted appropriations on the basis of the amount we had to spend," Mr. Cannon said. "We shaped the coat to the material available. We now shape the coat according to the latest fashion or caprice, and when the cloth is insufficient, we simply borrow more material." |