STAGGERING COST
GOVERNMENT IN U.S.A,
NEW DEAL RESPONSIBILITY
NEW YORK, July 12.
Mr. John Gebhart, director of the National Economy League, asserted today in a published statement that it had cost 11,750,000,000 dollars more to run the American Government during the past six fiscal years than in the first 127 years of the existence of the republic. The figures were 37,750,000,000 dollars for the six years prior to June 30, 1936, and 26,000,000,000 dollars from 1789 to 1916.
Mr. Gebhart said that Mr. Herbert Hoover was responsible for a "sizeable amount of the deficit," but the New Deal for the bulk of it.
Meanwhile a Government report made public today showed that the national income for 1935 was 52,595,000.000' dollars, and income paid out was 53,587,000,000 dollars.
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Bibliographic details
Evening Post, Issue 12, 14 July 1936, Page 9
Word Count
127STAGGERING COST Evening Post, Issue 12, 14 July 1936, Page 9
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