Word: borrowers
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Dates: during 1930-1939
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Undersecretary Mills gathered together his fiscal statistics, added, subtracted, arrived at his totals. He found that the 1931 deficit was $903,000,000. The Government had had to go out and borrow $616,000,000 to keep functioning during the year and this sum was therefore added to the public debt. Every source of revenue had been affected by the drying-up process of hard times whereas expenditures had climbed to a new peacetime record. Mr. Mills's figures produced the following tables...
VIII. Thou shalt not borrow money...
...Borrow anything except money...
With the British Dole fund already $437,000,000 in debt last week, Scot MacDonald's Government asked authorization from the House of Commons to borrow another $121,500,000 from the Exchequer...
Last week Norwegian union funds were just beginning to run low, Norwegian union leaders were trying to borrow from Danish and Swedish unions...