Word: borrower
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Dates: during 1930-1939
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...Treasury had to borrow because it was living far beyond its means. Last year it piled up a $903,000,000 deficit. On July i it started over again with a clean fiscal slate. Last week the 1932 deficit rolled up during the first two months of the fiscal year amounted to $396,000,000 compared to $240,000,000 for the same period last year. If the July- August rate of spending was maintained, it meant that the Treasury would be more than $2,000,000,000 in the red next June 30. But Treasury actuaries explained that...
French editors quite calmly asserted that Sir Robert Kindersley was in Paris to borrow money, and preached a little sermon to French voters blaming Great Britain's money troubles entirely on the "reckless spending" of the Labor Government. They hinted that this was what might happen to France if the Laval cabinet should fall and a government of the Left should take power...
...Richard, rushing from St. John's to Montreal to New York and back, trying to borrow money, insisted that the Colony was not bankrupt, that Newfoundland's financial difficulties were a political plot. Asked pointblank about the Labrador rumor, he said...
Strapped for cash, the city had tried to borrow in Wall Street. But the big bankers there, hostile to the dole and Mayor Murphy's "radical methods," refused all loans. Fortnight ago Detroit turned to its wealthiest citizen for aid, borrowed $5,000,000 from Henry Ford to meet payrolls. Last week a syndicate composed of Chrysler Corp., Packard Motor Car Co. and Fisher Finance Corp. agreed to advance the city $59,500,000 to meet its debts Sept. 15 provided it economized by cutting dole allowances. To save Detroit from fiscal chaos Mayor Murphy reluctantly consented...
Paris for the first time began to feel that they might have overstepped the mark, suddenly saw the red shadow of Russia athwart the German map. Was there the wildest possibility that Germany might borrow from Russia? If German Communists seized the Reich would they ally themselves with Moscow? Might the Red Army soon be on the Rhine? Le Figaro recalled the German-Russian Treaty of Rapallo, and added: "A new consecration, and no doubt a strengthened one has occurred between Russia and Germany at the moment when with tears in its voice the Reich is imploring...