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Updated: May 3, 2025


Three days later Average Jones entered the Cosmic Club, with that twinkling up-turn of the mouth corners which, with him, indicated satisfactory accomplishment. "Really, Bert," he remarked, seeking out his languid friend, in the laziest corner of the large divan. "You'd be surprised to know how few experienced envelope erasers there are in four millions of population.

It is not as a lawyer, to wrangle in courts; it is not as a clergyman, to preach in our pulpits; it is not as a physician, to live day and night in the saddle and sick room; it is not as a soldier, to go forth to battle; it is not as the mechanic, to lift the ponderous sledge, and sweat at the burning furnace; it is not as a farmer, to drive the team afield and up-turn the rich bosom of the earth.

The budget already submitted for fiscal 1962 will remain in balance only if the Congress enacts all the revenue measures requested and only if an earlier and sharper up-turn in the economy than my economic advisers now think likely produces the tax revenues estimated. Nevertheless, a new Administration must of necessity build on the spending and revenue estimates already submitted.

The road was nearly level, with but slight ups and downs, until a little before we reached our destination, when we had an abrupt up-turn to Yodocono, a pretty town on the border of a little lake, which has but recently appeared, and which covers an area which a few years ago was occupied by cultivated fields.

The budget already submitted for fiscal 1962 will remain in balance only if the Congress enacts all the revenue measures requested and only if an earlier and sharper up-turn in the economy than my economic advisers now think likely produces the tax revenues estimated. Nevertheless, a new Administration must of necessity build on the spending and revenue estimates already submitted.

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