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Instead of, "I swear hatred to royalty," henceforth the new member of a secret society should say, "I swear hatred to property." Property is impossible, because, in consuming its Receipts, it loses them; in hoarding them, it nullifies them; and in using them as Capital, it turns them against Production.
She sat down in front of it, and methodically, one by one, she examined every paper she found, bills, receipts, prospectuses, charitable appeals, circulars, memoranda of literary matter. She found many of these, but nothing in the least like the paper for which she was in search.
They are ready enough with a deposit, but that is all the money they mean to part with, and that has probably been raised by robbing their last landlady. They can give references if required, and show receipts, too, from their last lodgings, for they carry rent-books made out by themselves and fully paid up for the purpose.
John Appleton, who had represented the Portland district in Congress, and had served as Minister to Bolivia and as Secretary of Legation at Paris, should edit the Washington Union, which was to be the "organ" of the new Administration. Mr. Appleton's salary, with the other expenses of the paper above its receipts, were to be paid by Mr.
Ignoring "Receipts," as a highly uncertain quantity, the scheme of income and outgo commonly left a net monthly balance of about ten dollars for works of a philanthropic nature.
She lost receipts and never grasped the importance of vouchers; she forgot to fill up counterfoils, or if reminded filled them up "from memory" so that they didn't tally; she signed her name, if there was any choice of blank spaces, in quite the wrong place. She had no country house to place at the disposal of the Government as a convalescent home.
It is also ascertained that the revenue accrued during the last year exceeds that of the preceding, and the probable receipts of the ensuing year may safely be relied on as sufficient, with the sum already in the Treasury, to meet all the current demands of the year, to discharge upward of three millions and a half of the engagements incurred under the British and French conventions, and to advance in the further redemption of the funded debt as rapidly as had been contemplated.
There must be an increase of fichus, of bonnets, of frocks; there is an expense which cannot be calculated beforehand demanded by the meetings, by the diplomatic messengers, by the ways and means of love, even while the receipts remain the same as usual. Then must commence in your establishment a course of education the most odious, and the most dreadful which a woman can undergo.
In any case the appeals to sentiment and fairness outlined above are hollow; for it makes no difference to the recipient of a separation allowance or a pension whether the State which pays them receives compensation on this or on another head, and a recovery by the State out of indemnity receipts is just as much in relief of the general taxpayer as a contribution towards the general costs of the war would have been.
The Budget for 1932 fiscal year indicates estimated expenditure of about $4,054,000,000, including postal deficit. The receipts are estimated at about $4,085,000,000 if the temporary tax reduction of last year be discontinued, leaving a surplus of only about $30,000,000. Most rigid economy is therefore necessary to avoid increase in taxes.
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