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In certain appropriations, such as those for long-cycle procurement, considerable carry-over of unliquidated obligations into future years is to be expected and is necessary. However, substantial further rescissions can and should be made when the war liquidation program tapers off and budgetary requirements for national defense are clarified.
This last year, however, owing to the large failure of the 1917 wheat crop, we had available from net carry-over and production and imports only just about our normal consumption. Therefore our wheat shipments to allied destinations represent approximately savings from our own wheat bread.
In certain appropriations, such as those for long-cycle procurement, considerable carry-over of unliquidated obligations into future years is to be expected and is necessary. However, substantial further rescissions can and should be made when the war liquidation program tapers off and budgetary requirements for national defense are clarified.
Yet they were powerless, for a year or so at least, to break up the custom. For Belle's was a carry-over from the 49-51 days when of social life there was none at all. It differed from the merely disreputable house. Belle prided herself on quiet conduct and many friends. In person she was a middle-aged, still attractive Frenchwoman.
The accomplishment of our people in this matter stands out even more clearly if we bear in mind that we had available in the fiscal year 1916-17 from net carry-over and as surplus over our normal consumption about 200,000,000 bushels of wheat which we were able to export that year without trenching on our home loaf.
Well, neither did I, but it gives you a 'beaut. Arthur had a 'carry-over' that lasted him for about three days. He 'd slap his chips down any old place. It was the funniest thing you ever saw. But he was playing in drunken luck, and I let him do what he wanted to. "Well, to make a long story short, I finally 'cashed him in' for $200. I got him into a hack, and took him to my room.
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