DEFICIT IN UNITED STATES.
PRESIDENT URGES ECONOMY. (UNITED PRESS ASSOCIATION —Br 3SLECTSIC TELEGBAPH—COPY3IGHT.) WASHINGTON, December 2. President Hoover has set unemployment and drought relief at the top of his programme. In a message to Congress to-day he requested an emergency appropriation up to 150,000,000 dollars to accelerate Federal construction during the next six months. Estimating that the year's deficit would reach 180,000,000 dollars, be said : "I cannot emphasise too strongly the absolute necessity to defer any other plans for an increase in Government expenditure. There is a surplus of only 30,000,000 dollars in sight for 1932." The President issued a warning that even with the discontinuance of the one per cent, tax reduction on incomes, rigid economy was necessary to avoi i taxation increasee.
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Press, Volume LXVI, Issue 20102, 4 December 1930, Page 9
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124DEFICIT IN UNITED STATES. Press, Volume LXVI, Issue 20102, 4 December 1930, Page 9
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