Word: budgeting
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Dates: during 1920-1929
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...First Committee of Experts will endeavor to find: a) the means of balancing the budget; b) the measures to be taken to stabilize the currency. Concerning the stabilization of the currency, the experts would be invited first of all to determine the conditions to be realized in order that a currency could be stabilized and then the measures to be progressively taken so as to realize all of these conditions...
...stabilization of the currency necessitates budget equilibrium, the experts would similarly be invited to study in detail the receipts and the expenditures of the Reich as well as of the different States...
...that the U. S. Government will have to be represented on the body which administers the assets securing the loan. The Reparations Commission invited Charles G. Dawes and Owen D. Young to serve as the unofficial U. S. representatives on the Committee which is to attend to the German budget and currency. (See NATIONAL AFFAIRS, page...
...address he spoke gloomily of the present situation, made it evident that Germany was at the end of her resources. Later, a semi-official statement said in part: "There can no longer be any doubt that the Reich Government, despite all its desperate endeavors to balance the budget by utmost economy measures, by stopping the note presses and by putting the taxes on a gold basis, cannot attain this objective without outside help. It cannot be done with our own means and our own strength...
...Government, cheery about the situation, held that its budget was controlled by the League of Nations and that it was under obligation not to abuse the trust in which other nations had placed their confidence...