Word: borrowing
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Dates: during 1930-1939
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...glad to see you." Governor James Michael Curley of Massachusetts beamed. Although there is little love lost between them, Franklin Roosevelt cannot afford to have Boss Curley's machine knife him in Massachusetts and Boss Curley needs all of Franklin Roosevelt's popularity that he can borrow if he is to be elected to the U. S. Senate...
...petition for voluntary bankruptcy contested in Atlantic City, N. J. by skeptical creditors (TIME, Sept. 7), onetime film Panjandrum William Fox, who claims he has to borrow cash to live on, explained: "As of Jan. 1, 1930, I was under the impression I was worth about $100,000,000. . . . But I found soon afterward I had estimated wrong...
...amendment to the Federal Warehousing Act so that farmers can store excess crops on their farms, get Federal Warehouse receipts and borrow on them at the bank...
...overborrowing for the Bonus and relief, the Treasury had started fiscal 1937 with an enormous working balance of $2,225,112,350. It was planned to spend enough of this during the year to bring the balance down to about $1,100,000,000. And the Treasury would borrow only $750,000,000 of new money. Therefore the public debt, which rose $5,077,650,889 last year, would this year be upped only $410,000,000-smallest increase since the beginning of Depression...
Trouble Chest. Of the $750,000,000 of new financing which the President mentioned, Secretary Morgenthau last week announced that the Treasury would borrow $400,000,000 on Sept. 15. It was seeking that much right away, he explained, chiefly because the Administration had decided to keep a cash balance of around $1,000,000,000 on hand in case of trouble (i. e., war) abroad...