Proceeding now to take up this matter in detail, we shall first attempt to set forth the facts as to war taxation. UNITED STATES ----------------------------+-------------+-------------+------------ | Monthly | | |Expenditures | | |exclusive of | | |the principal| | | of the | Monthly | Average | public debt | War | Daily |and of postal|Expenditures |Expenditures |expenditures | [19] | ----------------------------+-------------+-------------+------------ | Million $ | Million $ | Million $ April 6--30, 1917 | 279 | 219 | 8. May, 1917 | 527 | 467 | 15. June, 1917 | 410 | 350 | 11.7 | ------ | ------ | Total April 6--June 30, 1917| 1,216 | 1,156 | | | | July 1917 | 662 | 602 | 19.4 August 1917 | 757 | 697 | 22.5 September 1917 | 746 | 686 | 22.9 October 1917 | 944 | 884 | 29.5 November 1917 | 986 | 926 | 30.9 December 1917 | 1,105 | 1,045 | 33.7 January 1918 | 1,090 | 1,030 | 33.2 February 1918 | 1,012 | 952 | 34. March 1918 | 1,156 | 1,096 | 35.9 April 1918 | 1,215 | 1,155 | 38.5 May 1918 | 1,508 | 1,448 | 46.7 June 1918 | 1,512 | 1,452 | 48.4 | ------ | ------ | Total for fiscal year, 1918 | 12,697 | 11,977 | July 1918 | 1,608 | 1,548 | 49.9 August 1918 | 1,805 | 1,745 | 56.8 September 1918 | 1,557 | 1,497 | 49.9 October 1918 | 1,665 | 1,605 | 51.8 November 1918 | 1,935 | 1,875 | 62.5 December 1918 | 2,061 | 2,001 | 64.5 January 1919 | 1,962 | 1,902 | 61.4 February 1919 | 1,189 | 1,129 | 40. March 1919 | 1,379 | 1,319 | 42.5 April 1919 | 1,429 | 1,369 | 45.6 May 1919 | 1,112 | 1,052 | 33.9 June 1919 | 809 | 749 | 24.9