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The speech distinguishes true economy from superficial austerity, referencing axioms about avoiding deferred appropriations and neglecting known needs, and rejecting tax reductions funded by borrowing for recurring expenses. 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COLUMBIA UNIVERSITY LIBRARIESPRESERVATION DIVISION\n\nBIBLIOGRAPHIC MICROFORM TARGET  \nORIGINAL MATERIAL AS FILMED-EXISTING BIBLIOGRAPHIC RECORD  \n308M11s,6gden Livingeton,1884-1937.ZEconomy and efficiency in government;B criticismBox 17f the financial policy of the present state ad-ministration;speech of Congressman Ogden L.Millsbefore the Economie club of New York at Hotel Astor..May 18,1925.  192515 p.21 cm。P ya+,cceowc Nork25O0NCy ED  \n Reproductions may not be made without permission trom Columbia University Libraries.              \n# RESTRICTIONS ON USE:\n\nTECHNICAL MICROFORM DATA  \nFILM SIZE:          35mmREDUCTION RATIO:      9:/  \nIIB  \nIMAGE PLACEMENT:IA  \nIB  \nINITIALS:                  B  \nDATE FILMED:                    8-9  \nTBACKING\\#:                                                                                                  23249  \nFILMED BY PRESERVATION RESOURCES,BETHLEHEM,PA.  \nB  \n# Economy and Efficieneyin Government.\n\nA Criticism of the Financial Policy of the Present.State Administration.  \n308  \nB2.  \n7  \nSPEECH OF  \nCongressman OGDEN L.MILLSBEFORE  \nTHE ECONOMIC CLUB OF NEW YORKAt HoTEL AsTOR  \nMonday,May I8,I925  \n# Economy and Efficiencyin Government\n\nA Criticism of the Financial Policy of the PresentState Administration.  \nSPEECH OFCongressman OGDEN L.MILLSBEFORE  \nTHE ECONOMIC CLUB OF NEW YORKAt HoTEL AsTOR  \nMonday,May I8,I925  \ntcs291.72ha  \nTHE subject of the evening,properly interpreted,should not be limited to a mere enumeration of econ-omies effected,but to a broad consideration of thefinancial policies of our Federal and State governments.Ihave no desire to be critical;nor do I speak as a partisansince the Republican Legislature acquiesced in the verymeasures I question.My purpose in contrasting Federaland State financial policies is,to emphasize certain ten-dencies,by no means peculiar to the State of New York,which I believe are deserving of serious attention.  \nThe people have come to realize in the course of the lasttwo or three years that the cost of government and financingthe cost constitute major economic problems that have adirect bearing on the prosperity of the nation and on thestandard of living of the individuals who compose it.Howcould it be otherwise when taxes absorb almost 12 per centof the national income,and when governmental expendi-tures aggregated $10,045,000,000,or over $90 per capitain 1923,as compared with $2,919,000,000,or $30 per capitain 1913?  \nIs it any wonder that a well-nigh universal cry has goneup insisting that retrenchment and economy be set up asbarriers against the ever-upward tendency?In this con-nection,it may be well to clarify our conception of whattrue economy in government is,by stating some of thethings it is not.Governor Smith,in 1923,laid down twosound axioms:\"There is no economy in deferring appropri-ations.There is no economy in neglecting the known wantsof the State.\"I want to add a third:There is no economyin reducing taxes by borrowing to meet recurring expendi-tures.  \nThe Federal program may be divided conveniently under  \nfour heads:The establishment of uniform,orderly andbusinesslike methods by means of the supervision and con-trol of a budget director;reduced expenditures;lowertaxes,but a balanced budget;and,finally,the systematic andreasonably rapid reduction of the public debt.  \nTHE BUDGET BUREAU.  \nThe budget system has unquestionably accomplishedgreat results;but there seems to be much misconception inNew York as to how it functions.Some public officialsand some of our editors conceive it to be a weapon intendedto force economy upon the legislative department.It is nosuch thing.It has enormously helped Congress,but in thefour years of its life I have known of no instance where itwas used to coerce Congress or in any way to limit Con-gressional control over appropriations.On the other hand,it does bring tremendous pressure to bear on the spen","cbCaigILRndJsX3s","https://ap.wps.com/l/cbCaigILRndJsX3s","pdf",612431,13,"English","# Restrictions on Use\n## Technical Microform Data\n# Economy and Efficiency in Government\n## True Economy in Government\n## Federal Program Overview\n## The Budget Bureau","[{\"question\":\"What does the speech argue the topic of the evening should mean?\",\"answer\":\"It should not be limited to listing economies achieved, but should address broader financial policies of federal and state governments.\"},{\"question\":\"What does the speech identify as major economic problems affecting living standards?\",\"answer\":\"The cost of government and financing costs are described as major economic problems linked to prosperity and the standard of living.\"},{\"question\":\"How does the speech describe the federal program and the role of the Budget Bureau?\",\"answer\":\"The program is divided into four heads, and the Budget Bureau is portrayed as a system that brings coordination, uniform methods, pressure on spending departments, and reliable estimates to Congress.\"}]","Economy and Efficieney in Government - Speech of Congressman Ogden L. Mills | PDF",1789963151,33]