Word: budgeted
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Dates: during 1930-1939
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Tasmania is a chunky little island lying just below the Australian continent's nether tip. In Tasmania rugged Mr. Lyons worked up from State Treasurer (1914-16) to State Premier (1923-28), acquiring a reputation for honesty and a grasp of budget arithmetic. Three years ago he was merely a prominent island statesman, but in 1929 he graduated to a seat in the continent's Parliament at Canberra, sitting as a Laborite...
...invasion of Manchuria, would tarnish her bright chance to force recognition by China of what Japan considers her "treaty rights'' in Manchuria by appealing to the World Court of which a Japanese, Mineichiro Adachi, is now President. It was Financier Inouye who warned that Japan's budget can scarcely be expected to stand both the cost of invading Manchuria and the resultant Chinese boycott which, more successful than all previous boycotts, had cut Japan's sales to her best customer 60%. Both warnings went unheeded, and popular approval of the Army's dramatic move...
...taken by the new Cabinet!" he charged. "It enabled a small number of persons to reap huge profits,* but it will do irreparable damage to our country's financial position!" Blandly the incoming Finance Minister, venerable Korekiyo Takahashi, said that he would not trouble to draft a new budget but had decided to appropriate Mr. Inouye's budget...
During the first week of the 72nd Congress President Hoover sent three messages to the Capitol. One was on the State of the Union. One was on the Budget. One was on foreign affairs. Because he thus elaborated and separated his ideas, the ordinary citizen, no great reader of presidential messages at best, was left with only a muddled headline impression of the President's manifold purposes. Therefore last week President Hoover adopted a new wrinkle by addressing a fourth message to his countrymen through the Press. The President-to-the-People...
...System; 5) relief for depositors in closed banks; 6) a broader discount base for the Federal Reserve system; 7) a Reconstruction Finance Corp.; 8) a railroad credit pool; 9) revision of banking laws; 10) the National Credit Corporation for frozen banks; 11) economy and tax-upping to balance the Budget; 12) "the American system of individual initiative and community responsibility...