Word: budgets
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Dates: during 1930-1939
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...employment and increased prices. . . . Such a program as the huge Federal loans for 'public works' is a fearful price to pay in putting a few thousand men temporarily at work." Setting forth his own program point-by- point, President Hoover reiterated these principal items: 1) a balanced Budget; 2) no more public borrowing; 3) credit expansion by the Federal Reserve Banks; 4) local charity to relieve distress; 5) a five-day government week; 6) a Home Loan Discount system; 7) authority for Reconstruction Finance Corp. to borrow an additional billion and a half dollars to be lent States...
...Chairman Crisp of the House Ways & Means Committee* and House Minority Leader Snell. Excerpt: "On behalf of vast numbers of our fellow citizens, we appeal through you to the Senate and the House to lay aside every form of partisanship and quickly to unite to adopt a balanced Federal budget as well as to enact a plan of taxation . economically sound, fair . . . and without discrimination. ... It is our judgment that conditions are so grave that this action should be taken at the earliest possible moment...
Blame & Congress. Widespread was the financial opinion last week that the bad state of U. S. Business was in no small part due to Congress and its vagaries on the Budget & Taxation. Washington tipster services hinted darkly of a "dictatorship." Bankers and industrialists complained bitterly of "uncertainties" at the Capitol. They were quite positive that if Congress passed an equitable tax law, approximately balanced the Budget and adjourned by June 10, their immediate troubles would be over...
...been whittling the cost per man down from the neighborhood of $60 to $20. And these uniforms which enable gay graduates to appear as farmers, highlanders, marines, or Flits cost sometimes as much as two dollars. It would thus be a not inconsiderable saving in the enterprising class's budget had they negotiated the deal which would have given them Fitting costumes free of charge. The plan to turn the prestige of a Harvard class day to saving a penny has failed this year. But the Flit men may be in our midst next June, with graduate Gold Dust Twins...
...assisted by whiskeys' & soda (bicarbonate). Administration affairs were just beginning to straighten out when Jim Doolittle, the President's brother-in-law, who married his sister Tess under compulsion, was arrested for 'legging in Montana. That scandal was the prelude to worse troubles. In its effort to balance the Budget, the Senate taxed landlords 50% of any rent they charged, 150% of what they got. What with Wall Street investigations, the Depression got so thick that Julius, the Secretary of Commerce, disappeared. Sole memento of him was the White House parrot who kept saying "The Depression is over! The Depression...