Word: budgets
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Dates: during 1930-1939
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...finance the capital industries by subsidy or are you going to finance them privately? What is happening now is that they are not being financed at all. And what the Administration is going to have to face if it imposes permanent restrictions on private financing is a permanently unbalanced budget with immediate and unprecedented industrial collapse as the immediate penalty of any attempt to balance...
Such a state of mind as this on the part of the reactionaries, however, offers the government a superb opportunity to realize the suspected designs of Professor Frankfurter upon the virtue of the Constitution. If the budget is not balanced, if the C.W.A. is not curtailed, is, in fact, revived on an even larger scale than at present, and if Wall Street is effectively abolished, then the depression can be blamed upon the money changers and everything will be fine and dandy. In view of the fact, moreover, that private outlets for capital have proven themselves inadequate in the past...
...perhaps this is too much to hope for. Probably the budget shall be balanced and the Stock Market Bill and similar bills shall be passed and we shall have to accustom ourselves for a few more years to the artificial scarcity of the stupid paradoxes which are our present economic system. Unless the western senators get out of hand! TERTIUS...
...giving him drastic powers, Governor Herbert Henry Lehman called him promptly to order. The Mayor went to Albany and an amicable settlement was reached. The Mayor agreed not to ask dictatorial powers for himself but to have the necessary authority for revamping the city government and balancing the city budget given to the Board of Estimate (which he controls). Thereupon the Governor about-faced, agreed to support the Mayor's measure (TIME...
Almost to a man the docile little politicians of Japan's House of Representatives rose in their places last week to give Japan for 1934-35 a general's dream of what a budget ought to be. Of its 2,112,000,000 yen ($633,600,000), full 44% went to the Army and Navy, an alltime peacetime high. The Army got 450,000,000 yen ($135,000,000), the Navy 488,000,000 yen ($146,400,000). Hardly a murmur was raised against this gigantic bill for war weapons and men to use them. Indeed, Foreign Minister...