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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.
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.
"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