TO PROVIDE THAT FEDERAL EXPENDITURES SHALL NOT
EXCEED FEDERAL REVENUES, EXCEPT IN TIME OF WAR
OR GRAVE NATIONAL EMERGENCY DECLARED BY THE
CONGRESS

TO SAFEGUARD

AND

H. J. Res. 22

THE ECONOMIC STABILITY OF THE

UNITED STATES BY IMPOSING LIMITATIONS ON EXPENDI-
TURES DURING THE FISCAL YEAR 1954

32416

APRIL 13, 1953

Printed for the use of the Committee on Government Operations

UNITED STATES
GOVERNMENT PRINTING OFFICE

WASHINGTON: 1953

STANFORD
LIBRARIES

CONTENTS

H. R. 2.

House Joint Resolution 22..

Statement of—

Bennion, Fred W., executive director, Wyoming Taxpayers Associa-

tion_.

Coudert, Hon. Frederic R., Jr., a Representative in Congress from the

State of New York..

Douglas, Mrs. R. J., Juda, Wis..

Hanson, Dan, Hat Creek, Wyo-

McCandless, William F., Assistant Director for Budget Review, Bu-

reau of the Budget; accompanied by Arthur B. Focke, legal adviser,

Bureau of the Budget..

MacDonald, Norman, executive director, Massachusetts Federation

of Taxpayers Associations, Inc., Boston, Mass.

Magill, Roswell, president of the Tax Foundation.........

Pyeatt, Ewing, Searcy, Ark., member of the legislative committee of

the American Bankers Association__.

Rudisill, John R., executive vice president, Arkansas Public Expendi-

ture Council, Little Rock, Ark

Shoemaker, Garth A., president, Citizens Public Expenditures Survey,

Inc., of New York State..

Stahl, Steve, executive vice president, Oklahoma Public Expenditures

Council, and coordinator of the National Conference of State Tax-

payers Associations_.

Stringfellow, George E., president, New Jersey Taxpayers' Associa-

tion, presented by Carlton Tillinghast, executive vice president,

New Jersey Taxpayers' Association...

Letters, statements, etc., submitted for the record by-

Bennion, Fred W., executive director, Wyoming Taxpayers Associa-

tion, Cheyenne, Wyo.:

Extracts from the Colorado constitution relating to debt limita-

tions....

Statement...

Brownson, Hon. Charles B., a Representative in Congress from the

State of Indiana:

Excerpt from a recommendation of the Comptroller General,

April 18, 1952_.

17

Excerpt from Bureau of the Budget statement on H. R. 2.

Clements, Charles L., president United States Savings and Loan

League, statement..

18

123

Coudert, Hon. Frederic R., Jr., a Representative in Congress from the

State of New York:

Letter from Hon. Christian A. Herter, Governor of the Common-

wealth of Massachusetts

Statement of Hon. Christian A. Herter, Governor of the Com-

monwealth of Massachusetts___

Fountain, Hon. L. H., a Representative in Congress from the State of
North Carolina: Excerpt from statement prepared by the Bureau
of the Budget.

Hoffman, Hon. Clare E., a Representative in Congress from the

State of Michigan and chairman, Government Operations Com-

mittee:

Excerpts from statements of President Franklin Delano Roosevelt:

September 9, 1931.

July 30, 1932_

October 1932.

III

IV

CONTENTS

Letters, statements, etc., submitted for the record by-Continued

Hoffman, Hon. Clare E.-Continued

Page

Letter from Hon. C. J. "Doc" Rogers, Governor, State of Wyo-
ming, Cheyenne, Wyo., April 20, 1953-

123

Letter from Hon. Edwin L. Mechem, Governor, State of New

Mexico, Santa Fe, N. Mex., April 20, 1953-

124

2

Letter from Hon. George M. Humphrey, Secretary of the Treas-
ury, April 13, 1953.

Letter to Hon. Robert H. Mollohan, from H. A. Stansbury,

managing director, West Virginia Chamber of Commerce,

Charleston, W. Va., April 10, 1953.

Letters and telegrams to Hon. Clare E. Hoffman, from-

Cates, Walter T., executive vice president, Georgia State

Chamber of Commerce, Atlanta, Ga., telegram, April 9,

1953

Fichtner, Charles C., executive vice president, Buffalo

Chamber of Commerce, letter, April 11, 1953.

Fox, Leonard P., executive director, Pennsylvania State

Chamber of Commerce, Harrisburg, Pa., letter, April 10,

1953

Frick, Edward C., executive secretary, New Jersey Lumber-

mens Association, Newark, N. J., telegram, April 13,

1953.

Gumb, Irving T., executive vice president, New Jersey

State Chamber of Commerce, Newark, N. J., telegram,

April 10, 1953_

Jacobi, Seward H., general manager,

Wisconsin State

Chamber of Commerce, Madison, Wis., telegram, April 9,

1953.

Vreeland, Albert L., chairman, Federal affairs committee,

Empire State Chamber of Commerce, Albany, N. Y.,

telegram, April 10, 1953.

Wall, C. M., president, and William H. Browning, manager,

Montana Chamber of Commerce, Helena, Mont., tele-

gram, April 16, 1953.

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