Word: budgeting
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Dates: during 1920-1929
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When Chancellor of the Exchequer Winston Churchill presented his last budget (TIME, May 3), Great Britain was on the verge of her greatest industrial travail of the present century, the vast and paralyzing general strike (TIME, May 10 et seq.) and the long drawn out nagging coal strike which began at the same time and dwindled to a close TIME, Nov. 29) without ever being formally "settled." What effect have these two stupendous, unprecedented strikes had on the exchequer? How deep must British taxpayers dig into their pockets this coming twelvemonth to pay the piper because 6,000,000 workers...
...annual reparations payments to which we are committed under the Dawes Plan represent a greater sum than the entire pre-War budget of the German Empire. Only foreign loans have enabled the Dawes Plan to operate hitherto, and the plain fact is that Germany cannot go on borrowing abroad forever...
Though numerous deputies took up this theme, expressing substantially unanimous concurrence, the debate ended amid impotent wrath with a vote approving the reparations clauses of the German budget as presented by Finance Minister Dr. Koehler, himself an especially vigorous advocate of Dawes Plan revision...
...investment that a woman can make. If, instead of bleakly saving for her old age, a working girl puts her surplus into attractive gowns, she stands a chance of making a marriage that will change her whole life. A girl is foolish to be too thrifty with her clothes budget, especially during her prettiest years. . . . Every girl I know who made a good marriage this year was the type who spends thought, cash and attention on clothes. The investments they made on gowns brought them more in money and material comfort-to say nothing of happiness-than the thrifty basement...
...last session of Congress was rather striking evidence that the mere fact of holding office seems to be of more importance than what is done with office. The session was more interested in preliminary jockeying for the 1928 elections than in completing the budget...