Word: budgets
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Dates: during 1930-1939
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...Schneider, stood figuratively at bay. All through Depression the giant Schneider-Creusot works have been racing to fill orders, their furnaces blazing and their lathes screaming as they turned out guns and projectiles for Japan, and for such other good customers as China. With the French budget now cracking under a deficit of seven and one-half billion francs, the Chamber's ruling Left-Center politicians have resolved in recent weeks to crack down on French munitions makers for a larger share of their profits than can be extracted by ordinary taxes from such secretive, elusive and resourceful tycoons...
...opening day of Chamber session, square-shouldered, homespun Premier Edouard Daladier kept the details of his cracking-down budget plans in the background, demanded that the Chamber adopt the expedited procedure of budget debate known in France as ''extreme urgency." He then appealed for an initial vote of confidence in a speech which was in effect the answer of France to Germany's withdrawal from the Disarmament Conference (TIME...
...chief difference of course is that the British have balanced their budget and are not borrowing vast sums, while the American government is running in the red at what may be between two and three billion dollars this fiscal year, even assuming large returns from the liquor taxes
...abdicating Premier irately warned France that inflation was the alternative to his program. While the opinion of freshly defeated ministers is not always chilly with objectivity, there is quite a good chance that Daladier will prove to have guessed right this time. As it grows clearer that the budget will have to be balanced, and as it becomes equally clear that no group in France will consent to increased direct taxation, flight from the gold standard and subsequent inflation may appear the only resort,--a thought which is causing insomnia to spread like the plague through the ranks...
...with his next-door neighbor, Bronx Boss Flynn. He had previously told reporters that if they saw him on the 29th floor of the Lincoln Building, he would not be going to see Flynn but to rest in another friend's neighboring office. He promised to reduce the budget "by instituting real economies," abolish duplicating departments in the city government by having the charter revised, unify the subway system to provide an honest 5? fare. Explaining the formation of his independent party, he said: "I would not have served on the [Fusion] ticket because I would have...