Evening Star Newspaper, October 19, 1928, Page 44

44 U. . FAGES DEFICIT OF $100000.000 Gen. Lord Tells Chicagoans Threatened Surplus Is a Challenge. Br the Associated Press. CHICAGO, October 19.—The declara- ¢ion that the United States Govern- ment faces a $100,000,000 deficit by June, 1929, was made last night by Gen Herbert M. Lord, director of the Bureau | of the Budget, in a speech before the annual meeting of the Illinois Chamber of Commerce. “We are concerned, but | not. discouraged,” he said. Gen, Lord declared the Treasury had # prospective surplus of $252.000.000 { for next June, the end of the fiscal year, but that this surplus “has melted away as the result of new legislation and the revision of the tax laws.” “Today.” said the budget director, “a threatened surplus is a challenge, and we accept the challenge.” “We are going to see that not one Pederal dollar is sent on a doubtful mis- sion and we are fighting today as we never have fought before for a bal- anced budget.” Gen. Lord called attention to the debt reduction from $26,000,000,000 to $16,000,000,000 as of June 30, last, and characterized it as “one of the most extraordinary financial achievements in history.” “We have saved you,” he said. $1,- 000.000,000 & year since we first began liquidating our debts, and you receive it with the same enthusiasm as you do an_appointment with your dentist.” The Government, he said, nev was | conducted so efficiently as today. “This | is not the work of chance, but is the | logical outgrowth of efficiency made | possible by the people in Federal em- ploy. To save for the people is the in- spiring keynote of this drive in the interest of ecenomy and efficiency,” he said. Gen, Lord recounted the yearly sur- pluses of the last Seven years and ex- plained how the savings ‘were effected. | He was introduced by Vice Presfe. dent. Charles G. Dawes, who declared Gen. Lord “accomplished what the people recognize as one of the greatest business reforms in the history of the budget.” MAJ. GEN. HAMMOND HEADS VETERANS Elected Commander of Military Order of World War for District. Maj. Gen. Creed C. Hammond, chiet of the’Militia Bureau, last night was elected commander of the District of Columbia Chapter of the Military Order of the World War at the annual meet- ing of the organization. Other _officers elected are: Capt. George F, Unmacht, senior vice com- mander; Admiral William Moffett, Brig. Gen. Roy Hoffman and Lieut. Col. Fred B. Ryons, junior vice command- ers; Capt. Edwin S. Bettelheim, jr., adjutant; Lieut. Col. Robert P. Parrott, historian; Col. Walter C. Clephane, Judge advocate; Col. Warren P. Morrill, surgeon; Capt. Arlington A. McCallum, chaplain: Maj. A. H. Dunderoc, mar- shal; Maj.. Wallace Streeter, liaison officer, and Paul V. Collins, publicity officer. Members of the staff elected last night were: Col, Stanley Ford, representing the Army: Capt. W. L. Jennings, jr., Tepresenting -the Navy; Maj.- Renato Tittoni, representing the Marine Corps; Maj. John D. Cutter, representing the Officers’ Reserve Corps; Maj, Walter W, Burns, representing the National Guard; Lieut. Comdr. Lewis P. Clephane, repre- senting the Naval Reserve, and Lieut. Comdr. C. W, Cairnes, representing the Coast Guard. Plans for the annual banquet on Lincoln's birthday anniversary were announced. . WEDDING RING STOLEN. Playground Supervisor Loses En- gagement Diamond While on Duty. While she was keeping a watchful eye on the scores of youngsters who dashed about the playground of the Adams School yesterday afternoon, a thief broke into the iocker of Mrs. Helen C. Burton, playground supervisor; 2019 I street, and stole her engagement. and wedding rings, valued at $300. 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