A fact that became apparent last week was that no one in official Washington any longer knows how to save money.
Month ago Secretary of the Treasury Henry Morgenthau Jr. dazed the House Ways & Means Committee by recommending that non-defense expenditures be cut; that $1,000,000,000 could be saved by cutting down farm, NYA and CCC appropriations. Stunned by the sound of a New Dealer recommending economy, Congressmen feebly toyed with this brandnew idea.
Presently, after passing two appropriation bills that included record non-defense expenditures, Congressmen appealed to Mr. Morgenthau to be specific....
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