National Affairs: Targets of Economy

Twoscore Army posts throughout the land last week found themselves on the defensive, fighting for their political lives. Anxious to economize for deficit reasons, President Hoover had picked the Army as his first big target (TIME, May 18). He knew he could not reduce the fighting force below its 118,000 men without encountering violent public objections. He did not want to retrench on river & harbor improvements and flood control because they were essentials of his Unemployment relief program. Therefore he selected as the most likely bull's-eye for economy some of the Army's...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!