7,1942
PAGE SEVEN
UNIVERSITY DAILY KANSAN, LAWRENCE, KANSAS
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New Budget To Be Biggest In History
Washington — (UP) — President Roosevelt presented Congress today with the biggest budget, tax and deficit program of all time calling in the next 18 months for expenditure of $77,000,000,000 largely for arms and munitions to smash Axis militarism.
Taxes are to be raised to increase Treasury revenue by 50 per cent in the 1943 fiscal year which begins this July 1.
During this 12 months period, Mr. Roosevelt proposed in his budget message presented to spend approximately $59,000,000,000, to collect $27,000,000,000 in taxes and to raise the national debt to $11,400,000,000. Of the budgeted expenditures, $53,000,-900,000 would be for war in that one
year. That includes $7,500,000,000 for Lend-Lease aid to the United Nations.
Non-war expenditures were budgeted at more than $6,000,000,000,
$437,000,000 less than this year.
In addition to the $53,000,000,000 figure budgeted for war, government corporations will spend a non-budgeted $3,000,000,000 in the next fiscal year, bringing the over-all 1943 war cost to $56,000,000,000.
His proposals for new revenue levies aggregated $9,000,000,000. He intimated that the government might temporarily resort to a general excise or sales tax. He told questioners that he still was opposed to general sales taxation and that "selective excise taxes" were as far in that direction as he would be prepared to go. Corporate and individual income taxes and gift levies on wealth apparently will be increased steeply.
$27,000,000,000 aggregate tax revenue proposed for the 1943 fiscal year, approximately $3,500,000,000 represents social security tax income which is not computed as an item toward reduction of the estimated deficit.
For the 1943 fiscal year, he estimated a Treasury deficit of $33,500,-000,000 which is only $6,500,000,000 less than the net cost to the U.S. of World War 1 computed before war veterans' payments and interest were added to the total. Of the
There is nothing in any fiscal history to which the 1943 United States budget is comparable. Mr. Roosevelt reminded newspapermen that it was the biggest budget in the history of any nation at any time. He said it confronted the nation with the biggest production job in all history.
NASH URGES---before the closing of the enrollment period.
Prof. Nash also stated that he believed the enrollment would be kept to about 40 next semester because of the reduced personnel in his department. Students desiring to enroll for the course must see him in his office, room 18 Fraser,
(continued from page six) clinical examination and the material used in the laboratory.
"The course offers no credits," commented Prof. Nash. "It is offered to those students who wish to make an ultimate saving of time. You know, we read for an awfully long time—a life-time."
Althea Shuss, college sophomore,
won the final round of the women's
intramural ping pong tournament
played in the Memorial Union
game room Dec. 19. Miss Shuss
played Sue Corson, college sophomore,
in the table sport finals.
Gladys Armacost, college senior, and Shirley Irwin, special student in the School of Fine Arts, played in the semi-final round of the tournament.
WANT ADS
WANTED: Next semester. Furnished house for family of six. Preferably near the University. Write to C. T. Hutcheson, Olathe, Kansas; or, write or call Kansan office. 613-68
LOST: At KU-OU game, on stage —billfold containing valuable papers and identification. Victor
LOST: Cloth rain coat. Light tan.
Reward. Tom Schwinn. Return to
Kansan Business office. 612-68
Rew. 200 W. 12th. Phone 3105-R.
614-68
FOR RENT: One room apt. with kitchenette suitable for two girls.
Also rooms with kitchen privileges.
Mrs. W. B. Grimes, 1224 Ohio.
FOR RENT. One or two rooms. Private bath. Hotel service. Garage. Telephone 815. 609-70
LOST: Longine wrist watch. Silver.
Phosphorescent hands. Brown leather band. Lost before Christmas. Call Kansan Office. 611-67
FOR RENT: Modern 3-room apartment, 1029 Mississippi. Reasonable rent. Bills paid. On bus line. Phone 2438-J, after 1 p.m. Mrs. Kunkle. 610-67
WANTED: Wire coat hangers. Must be in good condition. We will pay 12c each, delivered to our store. Carl's. 608-70
ROOMS: For three boys—House modern, very good heat. Air conditioned. Near Campus. Must see rooms to appreciate them. Mrs. Feder, 1332 Louisiana. 604-66
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KANSAN CLASSIFIED ADS K.U.66
ROCK CHALK
12th & Oread
Meals Sandwiches
Fountain Service
Under Student Management
Money Loaned on Valuables
Unredeemed guns, clothing, for sale
WOLFSON'S
743 Mass. Phone 675
SHIMMONS SHOP Plumbing, Heating, Wiring Repair work a specialty 929 Mass. St.
Marion Rice Dance Studio Private Lessons in Ballroom Dancing 92712 Mass. St.
Latest Used Phonograph Records — Reasonable
JOHNNY'S GRILL 10171/2 Mass. Phone 961
LOCK and KEY SERVICE
Sporting Goods
Guns and Ammunition
RUTTER'S SHOP
1014 Mass. Phone 319
"We'll Improve Your Personal Appearance"
Hotel Eldridge Barber Shop
DR. C. F. O'BRYON Dentist Office, Phone 570,94512 Mass. Residence,Phone 1956,1321 Tenn
FOR PIPES
Look at the ELDRIDGE PHARMACY First.
BURGERT'S
Shoe Service
1113 Mass. St. Phone 141
Webster Collegiate Dictionaries
$3.50
KEELER'S BOOK STORE Phone 33 939 Mass.
NOLL OPTICAL CO.
8391% Mass. Over Royal Shoe Store
Res. Ph. 761 Office Phone 979
Here's YOUR Number----305
for
Speck's Delivery Service
1025 N.J. Phone 305
Meet your pals at THE ARROWS Sandwiches. Beer. Fountain 1031 Mass.
HIXON'S
721 Mass.
HEADQUARTERS FOR Cameras & Supplies. Moving Picture Cameras—Projectors For Sale or Rent Expert KODAK FINISHING