Word: budgeting
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Dates: during 1920-1929
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...first time in two years it could be said last week that the French budget balanced. It balanced ("on paper") with a surplus of 30 million francs. This surprisingly hopeful turn of events was brought about by fear. The Deputies of France saw the franc tumble down to 3.39½¢ at Manhattan, a world record for all time, and were at last stricken with the fear that if they refused again to vote adequate taxes, as they have refused for months (TIME, March 15, et ante), the franc might go the way of the pre-Dawes mark...
...that the Depu- ties are not sincerely behind it. Two. These "benevalent absten- tions" were due only in part to the fear which the Deputies felt for the franc. The Radicals, especially the Socialists, who abstained did so at a price: the reluctant inclusion by the Government in the budget bill as finally passed of clauses providing "in principle" for the creation of a government monopoly of petroleum and sugar?two products now very largely distributed in France by foreign-owned corporations...
...meeting which the old Council held before it was joined by the newly elected men, a tentative plan for the budget was submitted by J. C. McGlone '26. It was approved and voted that the tentative plan as submitted by McGlone be ratified...
Thenceforward the debate proceeded to a smashing climax, amid which the Deputies stigmatized and condemned the sucette by the tremendous majority of 370 to 153. Apparently warmed to action, the Chamber soon airily passed a section of the completely unbalanced budget...
...endowment of $1,000,000 is asked for the founding of these chairs and the remaining $4,000,000 will be divided between the improvement of existing buildings and bibliography and the further endowment of existing professorships and new fellowships. The budget calls for the extension and completion of Langdell Hall, the work to cost $1,250,000, and the construction of an administration building on the site of Gannett House, and a building to contain an auditorium and rooms for moot arguments, perhaps north of the extension of Langdell Hall...