TABLE OF CONTENTS Budget message of the President of the United States.. Explanatory synopsis of the estimates of appropriations.. Explanation of functional chart and statement- Chart (estimates of appropriations, receipts, and expenditures, for fiscal year 1935). expenditures for 1933... Estimated trust and contributed fund receipts, fiscal year 1935, compared with prior years... General and special fund permanent appropriations included in Budget Statement No. 3, table A. Trust and contributed fund permanent appropriations included in Budget Statement No. 3, table B.. expenditures for the fiscal years 1933 and 1932. Estimated expenditures and receipts of the Post Office Department and Postal Service, fiscal year 1935, compared with prior years, classified by organization units. Statement of expenditures under general heads, fiscal years 1921 to 1933, inclusive. Cumulative sinking-fund statements reported by the Secretary of the Treasury. indefinite appropriations), as of November 1, 1933, reported by the Secretary of the Treasury. Statement of operations, public-debt receipts, and expenditures, fiscal year ended June 30, 1933. net salary payments. Group I (Civil). the average number and total pay of military personnel. Group II (Military) – III MESSAGE TRANSMITTING THE BUDGET To the Congress of the United States: I transmit herewith the Budget for the year ending June 30, 1935. It contains also estimates of receipts and expenditures for the current year ending June 30, 1934, and includes statements of the financial operations or status of all governmental agencies, including the Reconstruction Finance Corporation. The estimates herein given and included in the Budget have to do with general and special funds the Government's moneys. They do not relate to trust and contributed funds, which are not Government moneys, except where expressly referred to as such. GENERAL FINANCIAL POSITION In my annual message to the Congress I have already summarized the problems presented by the deflationary forces of the depression, the paralyzed condition which affected the banking system, business, agriculture, transportation, and, indeed, the whole orderly continuation of the Nation's social and economic system. I have outlined the steps taken since last March for the resumption of normal activities and the restoration of the credit of the Govern⚫ment. Of necessity these many measures have caused spending by the Government far in excess of the income of the Government. The results of expenditures already made show themselves in concrete form in better prices for farm commodities, in renewed business activity, in increased employment, in reopening of and restored confidence in banks, and in well-organized relief. THE CURRENT FISCAL YEAR (Ending June 30, 1934) Exclusive of debt retirement of $488,171,500 for this year, Budget estimates of expenditures, including operating expenses of the regular Government establishments and also all expenditures which may be broadly classed as caused by the necessity for recovery from the depression will amount this year (ending June 30, 1934) to $9,403,006,967. (See Budget Statement No. 3, table A.) V |