Omaha daily bee. (Omaha [Neb.]) 187?-1922, March 09, 1921, Page 4, Image 4

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    4
TUB BEE: OMAHA, WEDNESDAY. MAKCH U, 11121.
Secretary Mellon
Urges Enactment
Of Budget System
Heatl of Treasury Department
Appeals to People For
Rigid Economy in Gov
ernment Expenditures.
Washington, .March 8. Secretary
Mellon of the treasury, in "his first
official statement made public to
night in the form of a letter to bank
ers, appealed to "the people gener
ally'' to stand for rigid economy in
v m-ktriittin(n1 vntiwlitiirpe a n A 1 1 r CT
. cd immediate establishment of a na
tional budget system.
He discussed the nation's financial
condition, declaring: that the show
ing? made in the last tight months
Jiad been "particularly encouraging."
There are, however, heavy drains to
Come on the treasury this month and
next, he said, and these require more
short term certificates of indebted
ness, announcement of which he
made coincident with the letter.
"The nation cannot afford ex
travagance," he asserted, "and so far
as possible it muM avoid entering
new fields of expenditure. Figures
on current operations of the govern
ment show that the country's finan
ces are sound, but that the situation
calls for utmost economy.
Great Care Necessary.
"The heavy requirements of the
government on account of necessary
expenditures, including interest and
sinking fund on the public debt and
the maturity of $7,500,000,000 in short
"dated debt in two years or there
abouts, make it imperative that the
greatest care and economy be ex
ercised in matters affecting govern
ment expenditures.
"The people generally must become
more interested in saving the gov
ernment's money than in spending it.
A thoroughgoing national budget
system must be established and the
government's expenses brought into
relation to its income."
He expressed the belief, however,
that, the first nine mdnths of the
fiscal year, "or to -March 31. would
show "that the treasury had made
ends meet with a slight surplus to
use against the great war debt. Pay
ments on the war debt might be
s.low, he said, explaining that the
heavy payments to the railroads
would hamper previous plans to low
cr the debt.
- New - Issues Announced.
Tssues of certificates announced
will aggregate $400,000,000 and will
bear interest at 5 1-2 per centj half
having a maturing date of one year
and the remainder for six months.
Both issues will be accepted in pay
ment of income and profits taxes.
In notifying bankers, Mr. Mellon
said he felt it his duty to inform
them of the probable requirements
of the government and to say something-
concerning its financial pro
gram. He said $500,000,000 in cer
tificates must be paid off March 15,
and an additional $118,000,000 a
month later. Besides there is to
be pair the semi-annual interest of
about $75,000,000 cm Liberty bonds,
March 15. The-treasury also must
make payments estimated at $200.
000,000, to the . railroads during
March. -
To partially offset the heavy out
go, the regular quarterly payment
of income and profits taxes is due
March 15, Jrom which the treasury
hopes to realize approximately $500,
000,000. This tax payment, there
fore, will be used in retiring cer
tificates due on the same date. Funds
obtained from the new issues then
will become available for caring for
other debts of which the. railroad
payments and the small previous is
sues of certificates constitute the
greatest amount- '- -
. Former Senator Dies
Frankfort, Ky., , : March 8. For
mer Senator T. II. Paynter, 69, died
today after a long illness,
G. 0. P. Leaders to
Draft Plans for,
New. Legislation
Republican Members of Senate
Finance Committee to
Meet With Secretary
Mellon in Near Futuer.
Washington, March 8. Detailed
recommendations as to. the tariff and
internal revenue legislation will be
admitted to President Harding soon
by congressiopal leaders and Secre
tary Mellon.
Arrangements for a '.conference of
republican leaders to draft a pro
gram of tariff and revenue legisla
tion were made today, in accordant:
with a plan of action agreed on last
night. Republican members of .the
senate finance committee-will meet
Secretary Mellon and a half dozen
assistants and, Chairman .Good of
the house appropriations committee
within- a few days. The date for the
conference is to be decided tomor
row, i
A new emergency tariff bill for
special protection of agricultural in
terests promises to head the program
to be submitted to President Hard
ing, Senator Penrose said today.
In the conferences between the re
publicans of the two committees
with Secretary Mellon, it is planned
to draft definite rlcommendations
for a program of fiscal reform for
President Harding's consideration.
Senator Penrose said that the "drift
of opinion" was towaVd recom
mending that the emergency agricul
tural tariff bill be given precedence
in the new congress. ,
Several western- republican sena
tors, including Mc.Vary, Oregon;
Gooding, Idaho,' and Stansfield, Ore
Kan, urged Senator Penrose to give
first consideration to an agricultural
tariff. It is the present intention of
republican" leaders to 'limit and cir
cumscribe it Schedules more close
ly than in -the Fordncy bill, which
President Wilson vetoed last week.
Both senate-and' house commit
tees will begin work soon, probably
next week, on the fiscal legislation
for the April session.
Maryland'sclubwomen are advo
cating the building in Baltimore of
a women's hotel.
rr-
DR. BURHORN -414-26
Securlllff Bid,
Cor. 16th 4 Fat-nim
Douglas 5347
Dr. Burhorn's
Chiropractic Health Service
Health is invaluable. Every one wants
to be well and vigorous. Our business is
to get sick people well. Come to us today
for free consultation. If we cannot help
you we will not accept your cae.
Out X-R.y analysis of your spin will show the
exact location of the misplacement that is produc
ing the pressure en the nerves whch causes your
trouble.
" Office adjustments are 12 for $10 or
30 for $25.00.
Office hours 9 m. to 8 p. m. Lady
attendants Private adjusting rooms.
Wednesday Each of our Juvenile Shops goesj all the
way forward to the very limit of their possibilities in
giving t!) the children of Omaha seasonable apparel at
the time needed and at prices parents desire to pay.
Heading the List Are
ring CoaVs- Dresses
Miaai
ICS
School
7
Dresses
of Gingham
8 to 14 yean.
$2.50$3.50
As pretty as specialty design
era can make them from ex
cellent; quality fast colored
ginghim in plaids and plain
colors-showing the new
Spring reds, browns, tans,
blues, greens.
-; -1 . . y
Individual touches are
added in contrasting col
1 a r s c u f f s c r i s p
sashes fancy belts.
That thought has Jeen given
to then many tubbings is evi
dent from the care with
which they are made and
finished.
What Next?
Girls' Spring Coats
: $io-
Sizes 8 to 14 also 13 to 17 years. '
"We are for Wednesday only" say these smart little coats
with their trimly tailored air.
"And we come in plaids and checks as welf as plain navy,
copen, brown and tan" they add with Spring-like pride in their
3wajgger pockets, belts and collars.
Middies
-$1.95-
Sizes 6 to 22.
Another "Wednesday only" Special
that will interest every mother of
school girls.
Made of splendid Lonsdale Jean in
all white with copen or navy collar,
cuffs braided in white. '
Girls' Shop-
-Second Floor,
There Is a World of Interest (or Little Tofe m Their Own SKojp Wednesday
Spring Goats r, Gingham Dresses
For Littlest Girls
Regularly $10.50 to $5
.1
Vz off-
Carefuly and daintily made from light 'weight
all-wool fabrics silk poplins silk taffetas
fashions as cunning as the wearers themselves
in sizes 2 to 6 years.
Each model is made with dainty, detachable,
washable collars clever pockets belts and
all the pretty touches that go to make a pretty
coat for a pretty little girl.
( Tots' Shop-
In sizes 2 to 6 year.
Regularly to $4.50
-$2.95-
In adorable little-girl fashions and more worth
while yet they are made from that most satis
factory of all wash materials Toil de Norde
gingham. T
For sheer daintiness of finish loveliness of
trimmings cunningness of styles these dresses
cannot be equaled and every mother who sees
them will want several. - 4 -
-Second Floor.
See What $1 Will Do or Your Boy Wednesday in the Bous' Shop
Boys' Koveralls
; A : a . -.
$1-
- For Boya 1 to 8.
The very best coverall
we can buy made from
staunch materials
every seam strongly
sewed.
Cut full where th'ey
should be made with
either long or short
sleeves.
In both light and
dark colors, trim
med in red.
Colors will not run or fade.
Boys' Shop "
Fast Black
Hose
v Five
; Pairs
-$1-
Think of it! Five pairs k
of fast black, good
weight,-- well shaped,
s e r v 1 c e-giving Boys' .
Hose for the price you
usually pay for three
pair.
Sizes 52 to 10.
Kaynee Blouses, $1 Each
Every mother knows the name "KAYNEE" attached
to her boy's Blouse, means that the colors will not
run. or fade, the patterns are neat and attractive
the" fit is sure, and that, they will wear longer than
any other make. , : -
If colors do run or fade, bring the blouse in and get
a new one in exchange.
; Balcony
Children's '
Hair Bobbing.
Beauty Shop
Second Floor
The Store of. Specialty Shops.
Boys'
Hair Cutting.
Barber Shop,
Main Floor.
60ING OUT OF
BUSINESS
The Leons Are Quitting the Retail Field
So as to Devote All of Their Time
and Effort to Their Wholesale Business 1
A Complete Stock of Hats, Caps, Shirts, Under
wear, Neckwear, Hosiery, Gloves. In Fact
Everything in Men's Furnishings to Go Regard
less of Cost. .
Ms Talk!
(Gome,
e QontfillGSd
Sale Starts at Store No. 1 Located
at 315 South 16th St., Promptly
at 9 a. m., Wednesday, March 9th
Just a Few of the Specials Leon Is Offering In This
GOING OUT OF BUSINESS SALE
union suits
Light and Heavy.
Everything in the house,
worth to $4.50
as
Now
11
PAJAMAS
All madras, percale and
flannels that formerly
sold up to $4.85
Now
COLLARS
Any soft collar in the
house worth to 75c. In
cluding Delpark and
Crepe de Chine
Now
6 for $1.50
GARTERS
Boston Paris E; Z. ,
Ivory and others, worth to
60c
Now
HOSE
Everything worth up to
50c.
. No Brands Excepted
Now
6 Pr. for $1.00
SHIRTS
Fine woven madras. Big
variety of new patterns
worth to $4.00
Now
n
15
SHIRTS
Silk stripe madras, fibres
and silk mixtures, worth
up to $7.50
Now
TIES
A most complete line of
neckwear, , including silk
knits, worth' to $2.50 .
Now
2 for $1.25
HATS
A large assortment of fur
felts, worth to $5.00
Colors and Styles Galore
Now
HATS
2 for $5.50
SHIRTS
Your choice of any silk
shirt in the house. Jerseys,
Crepe de Chines
Now
S-95
Fur Felts and a few high
grade cloth hats, very late
styles and colors, worth
to $7.85 "
Now
Guff Buttons
Genuine Kum - a - Parts,
worth 75c
Now
The Most Sensational Sale of Men's Hats and
Furnishings Ever Announced
Store No. 1
315 South 16th St.
Opp. Conant Hotel
Store No. 1
315 South 16 th St.
Opp. Conant Hotel