Word: budgets
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
Useless to ask questions of the man who drew up the budget! He, debonair M. Francois Pietri. Minister of the Budget in the Laval Cabinet, not only forgot-believe it or not-his handiwork completely but rushed to Premier Herriot's aid in the Chamber debate fortnight ago, delivered an elegant harangue asking his fellow Deputies to "vote this payment for the honor of France...
...well did the Chinese Government do nothing in particular throughout 1932-resisting even the temptation to go to war with Japan-that last week China's budget sensationally balanced for the first time in 21 years...
...district generals and provincial governors clashed in their provinces the Government, instead of expensively asserting its authority, let them fight out their quarrels of the moment and let each winner keep the provincial revenues. Not the least amazing feature of Finance Minister Dr. T. V. Soong's balanced budget last week was the fact that under the heading Income from Provincial Revenues he was obliged to set down...
Last week at the final 1932 caucus of the Government's "People's Party" or Kuomintang (TIME, Dec. 26), Dr. Soong, who graduated from Harvard in 1915, presented his historic, balanced budget with this laconic, Bostonian statement: "Gentlemen, the proof of the pudding is in the eating! . . . Our credit is enhanced, our bonds are selling 20% higher than last year. . . . The striking progress thus achieved offsets all hostile propaganda that China is in chaos with a tottering Government...
...cheer up too much and start a spending orgy, Dr. Soong spoke ominously of "facing an apparent deficit for 1933 of $40,000,000." By the most extreme economy, which he called "cutting Government expenses to a skeleton," Dr. Soong hopes but does not predict that China's budget may be made to balance next year at about...