Word: budgeting
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
...Director of the Budget (Herbert M. Lord) is worried because ex penditures are heavy on the National purse. The Navy Department is worried because the U. S. is falling behind in naval strength. Each is worried because of the other. The Navy Department estimated that it could not provide a good naval defense without $346 million next year. Director of the Budget Lord promptly sliced off $56 million of this amount...
...burners to modern oil-burners. For economy's sake we have been obliged to concentrate all our fast oil-burners in the Pacific, leaving only our slow coal-burners in the Atlantic where oil is more expensive. The Naval Air Service is inadequate; yet the Director of the Budget has amputated 60% of our requests for next year. We were refused $30 million to modernize our obsolete vessels; but the upstart Coast Guard service was granted $20 million for Prohibition enforcement by the last Congress. We pare our requests to the bone and you cut 16% more...
...Director of the Budget only sighs and shrugs. Meanwhile, the Navy plans to carry its request to the President and, if necessary, to Congress...
...Passage of the budget...
...Snowden became Chancellor of the Exchequer, enemies gazed upon his crippled form-the result of a bicycle accident when young-and declared him an idealist, a pacifist, a radical, a man without training for the high office of Chancellor. To them he was a despicable figure. Then came his budget (TiME, May 12). People were forced to change their views. When that "pallid, hatchet-faced man, small, leaning heavily upon his crutches, dragging one foot helplessly along the ground," took his place upon the Treasury Bench in the House of Commons, made his budget speech, they recognized...