Word: expendiency
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...main objection to the whole bill is the unwarranted expendi- ture of the money of the taxpayers. It proposes to add more than 25% to the cost of the pension rolls. It is estimated that it would bring the total pension bill of the country to a point higher than ever before reached, not-withstanding it is now nearly 60 years since the close of the Civil War. A generous nation increased its pensions to well over a quarter of a billion annually, and has already bestowed nearly $6,250,000,000 in pensions upon the survivors of that...
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