Word: billion
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Dates: during 1920-1929
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...Second, that as a result of the coming of national prohibition, two and one-half billion dollars, previously wasted in this industry yearly, are now available for business projects that are more useful and more likely to promote the welfare of the people...
...action since we had more money than time with which to get our men into the trenches. But we have elevated this excuse for an emergency into a rule of conduct. Our bills were not paid with the signing of the armistice. With a funded debt of twenty-six billion dollars, there is an annual interest charge of over one billion. From the $750,000,000 which flowed into the Treasury last Tuesday from the second installment of Federal income and excess profits taxes, $728,000,000 were immediately used to meet the payment of Treasury Certificates, while...
...soldier relief legislation now under discussion in Congress calls for the expenditure of nearly a billion dollars to be distributed in the form of a bonus of one dollar for each day spent in the service. It is proposed to exclude from these benefits the very class which probably stands in most need of assistance, those who apply for vocational training, homestead priority or loans...
This distribution of a billion dollars, more or less indiscriminately among three million ex-service men, would at best be a costly measure of doubtful value for soldier relief. But when the cost of the very process of distribution and the increased burden on our tax system are considered, it is out of the question. Before we increase our expenditures for the past, let us consider that our schools are suffering for teachers and that we are passing on to coming generations an enormous national debt. Rather than add needlessly to our already staggering bill...
...discharged service man a bonus has come out of the committee in the House of Representatives approved. If the bonus is paid there will be no benefit of real value to the country, and the harm done will be of the worst possible nature. Taxes to raise over a billion and a half, will increase the great burden the country is already bearing. The wholesale distribution of large sums will seriously hinder the production of national wealth, our greatest need at present. While the real sufferers, men who are partially or totally disabled, will be no better off than they...