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Editorial August 21, 1942

The Midland Journal

Rising Sun, Cecil County, Maryland

What is this article about?

Editorial criticizes U.S. government for extravagant spending during WWII, quoting Brown University president Dr. Henry W. Wriston on the need for fiscal restraint to support the war effort and prevent inflation, urging public demand for cuts in non-essential expenditures.

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OCR Quality

98% Excellent

Full Text

EXTRAVAGANCE HELPS HITLER

"Extravagance in any form, by citizens or by government, imperils the war effort," wrote Dr. Henry W. Wriston, president of Brown University, recently. "Individuals are asked to reverse their habits of spending if inflation is not to destroy their substance. The same obligation rests upon the government.

"If we proceed without waste, if we increase our productive power, if we decrease our expenditures for non-essentials, we can not only survive but survive without bankruptcy. This can be done only if considerations of political advantage are put aside, only if government curtails its own activities as it expects citizens to curtail theirs, only if the government makes its policies consistent with each other."

At the present time, government is taking strenuous steps to reduce consumer purchasing power, in order to prevent inflation. That, as well as the production of needed revenue for the treasury, is one reason for unprecedented taxation and for ever-increasing sales of War Bonds and Stamps. It is forecast in some circles that a system of enforced savings will be eventually adopted.

Yet government spends "as usual". Government will not swallow the medicine it prescribes for the people.

Every dispassionate survey indicates that Federal expense can be reduced billions a year without imperiling the war effort. The cuts could be made entirely in non-war expenditures. But that will never be done until the people demand it---and kick out every public official who refuses to cooperate.

What sub-type of article is it?

Economic Policy Taxation War Or Peace

What keywords are associated?

Wartime Extravagance Government Spending Inflation Control Taxation War Bonds Fiscal Restraint War Effort

What entities or persons were involved?

Dr. Henry W. Wriston Brown University Federal Government Hitler

Editorial Details

Primary Topic

Criticism Of Government Extravagance During Wartime

Stance / Tone

Critical Of Government Spending And Urging Fiscal Restraint

Key Figures

Dr. Henry W. Wriston Brown University Federal Government Hitler

Key Arguments

Extravagance By Citizens Or Government Imperils The War Effort Individuals Must Reverse Spending Habits To Avoid Inflation Government Must Curtail Its Activities And Make Consistent Policies Government Takes Steps To Reduce Consumer Purchasing Power Via Taxation And War Bonds Government Spends As Usual Without Reducing Its Own Expenditures Federal Expenses Can Be Reduced Billions Without Imperiling War Effort By Cutting Non War Spending People Must Demand Cuts And Remove Uncooperative Officials

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