Word: billion
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
After a week of drastic emendation the estimated yield of the measure had been increased from 1,600,000,000 francs to 4,985,000,000?still at least one billion short of Government requirements. As expected, the increase was obtained by grafting on the bill Finance Minister Doumer's hated "indirect taxes" (TIME, Feb. 1 et ante) although the Chamber has been refusing for weeks to down this bitter dose. As the week ended, the Senate completed its salvage work and sent the bill back to the Chamber...
Aftermath. Premier Briand sourly watched his Finance Minister, M. Doumer, take this rattlebrained bill to the Senate. Admittedly it was almost worthless. M. Doumer's experts opined that it might produce 2½ billion francs of added revenue, whereas at least 5 billions are necessary. The Senate Finance Committee's first act was to prune away some of its notorious "spoof" clauses (TIME, Feb. 15), mere legislative "nifties"?? not worthy of the Senators' laughter. The general impression was that the bill could scarcely be worse. But it was at least a bill! It was, in fact, a great triumph...
...Budapest occurred further scandalous developments in connection with the notorious "Thirty Billion Franc Forgery" (TIME, Feb. 1). Although some four to six policemen guarded every streetcorner, the Opposition Leader, Deputy Vasony, a former Minister of Justice, found himself looking up the muzzle of a revolver as he left the Parliament House, at dusk...
...John W. O'Leary, President of the United States Chamber of Commerce, fairly bubbles with the joy of quoting seven figure sums. His article, "Twenty-five Years of American Prosperity", is a paean of industrial progress. For the American may vaunt that the wealth of his country, 89 billions of dollars in 1900, has more than trebled since. Some Croesus power has magically turned a five billion dollar debt into a present credit of sixteen billions. The industrial majesty thus won sweeps swiftly down a prolific path of production, invention, and copious remodeling. New attachments, parts, and styles are flooding...
Leading oil men assembled last week in Washington for public hearings on their industry by the Federal Oil Conservation Board. The Bureau of Mines gave out record-breaking "preliminary estimates" on the 1925 oil production: by the world, a billion, 60 million bbls., a 5.5% increase over 1924; by the U. S., 764 million bbls., a 1% increase over 1924 and 4.3% increase over record-breaking...