Word: budgets
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
Thanksgiving dinners will be delivered today to forty needy Cambridge families by members of the Phillips Brooks House. These families which include over three hundred people, were recommended by the Cambridge Family Welfare Association. The work is made possible by the Student Council's appropriation to the Brooks House Budget...
Sixth, a balancing of the American budget by the setting up of no further appropriations that are in the nature of direct grants, with the exception of relief appropriations for subsistence. All other advances of money should be on a loan basis. American industries should be given loans directly by the R. F. C. unless it is intended to modify the securities law and permit a return to private investment financing...
...attitude toward the Securities Act. In a statement to Dow, Jones, and Co. in New York, Secretary-on-leave Woodin assured Wall-Streeters that the government was not aiming at "recovery without profits." Further music to moneyed ears was the proposition advanced in his Boston speech by budget-balancer Douglas that recovery necessitates "a free flow of capital into legitimate business enterprises." Both were generally interpreted as indirect assurances to the recalcitrant banking world that Santa Claus will probably bring Administration support for a change in the Securities...
...ushered out of office without so much as a public acknowledgment of his services. Nor was it a sentimental occasion for Mr. Acheson's friends. Since last March two young advisers have stood close to the President's ear; Lewis Douglas, whom he made Director of the Budget, and Henry Morgenthau Jr. whom he made head of the Farm Credit Administration. Budgeter Douglas, a "hard money" man, was very close to the President as late as last May when Eugene Black was made Governor of the Federal Reserve, and Dr. Sprague was called in as a prime Treasury...
...only one justification for retiring government bonds with taxpayers' money; for destroying their, the taxpayers' purchasing power in order to cancel government obligations; and that is the maintenance of a reasonably stable price level. Any other excuse for canceling bank deposits in order to balance the government's budget is insupportable. The fact remains, as always, that the danger, the only danger, which can attend a manipulation of the quantity of purchasing power is a violent change in the price level. And insofar as such a change in the price level will not attend an expansion of purchasing power...