THE BUDGET: Economy Lord

When President Coolidge made his speech to the Budget Conference of Executive Officers (TIME, July 7, THE PRESIDENCY), he used some language more congruous on the lips of a business man than a politician. Said he:

"We must reduce the Government payroll. I am satisfied that it will lead to greater efficiency. And in this same connection, I desire careful scrutiny of travel orders. Our travel expense item is too great. An order for travel should be given only when absolutely necessary. You can effect economy in this...

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