RECORD WAR BUDGET
HUGE COST IN THE STATES
PRESIDENT’S VIGOROUS MOVE
CHECK UPON EXPENDITURE
By Telegraph—Press Assn.—Copyright. Australian Press Association.
Washington, July 23.
President Hoover has made a vigorous move to cheek the mounting military expenditure of the United States, following an inspection of the prospective Budget expenses, in which'it was apparent that the military programme by 1033 would call for the largest war Budget in the world. The President has announced a plan to establish a special commission within the army general staff to reconsider the entire programme. He indicated that the commission will be composed chiefly of high-ranking army officers. He pointed out that the present expenditure of the United States for purely military purposes represented an increase of approximately 530,000,000 dollars per year over the pre-war expenditure for the same purposes, and the measures now pending in Congress would call for further increases if they were favoured.
The President emphasised that the chief hope for tax reduction lay in prospective cuts in military expenditure.
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Bibliographic details
Taranaki Daily News, 25 July 1929, Page 11
Word Count
167RECORD WAR BUDGET Taranaki Daily News, 25 July 1929, Page 11
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