Word: budgeteer
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Dates: during 1920-1929
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...Berlin it is sometimes popularly supposed that the titanic rivals in U. S. finance are J. P. Morgan & Co. and Dillon, Read & Co. Last week, pink-cheeked, socialistic, optimistic Finance Minister Rudolf Hilfer ding found himself short of cash for year-end budget requirements. He hastily sought to arrange an $100,000,000 loan with Dillon, Read & Co. by cable...
...Hilferding was jerked up short by brusque Dr. Hjalmar Schacht, President of the Reichsbank. A watchman of Germany's cash drawer, Dr. Schacht barked that he would not O.K. the loan. Scareheads in the Berlin press screamed that Dr. Hilferding would have to resign because now his budget would not balance. There were predictions that the Cabinet was due to fall...
Finance Minister Luiz Montes de Oca's budget for the next Mexican year was recently published. He plans to pay the International Bankers an installment of 26,000,000 pesos ($13,000,000) on what is owed them, whereas in 1929 they received $17,000,000, and the year before $16,250,000. This drastic reduction is accounted for by the Mexican Government's enormous expenditures in putting down the Escobar Revolution and the consequent depletion of Treasury funds. As a Mexican satiric weekly said: "The bankers are silently howling for more money...
...object was to give every Deputy a chance to speak for at least half a day on the budget clauses particularly interesting to his constituents. It was a grand old system-forensics in the reverberant pork barrel...
Vigorously last week Tardieu L'Américain lashed into the Deputies a proposal to hold three sessions every week day until the budget is voted. If they must talk, let it be morning, noon and night, until the bitter end. With much grumbling they assented. Then Tardieu did a double-snapper with his whip-demanded that they sit thrice a day on Sunday too. Rebellion loomed, but Ringmaster Tardieu fired a figurative blank cartridge, demanded a vote of confidence. After less than a month in Power he has the Deputies so thoroughly cowed that they licked his hand...