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Word: budgets (lookup in dictionary) (lookup stats)
Dates: during 1930-1939
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Last week French Finance Minister Paul Reynaud presented his first wartime budget. It was for a year and it was balanced all right, but the joker in it was that it covered only civil and not military costs. These were huge enough-79,000,000,000 francs ($1,746,000,000), or an increase of $500,000,000 over last year's ordinary expenses. A few items which might possibly be called military costs were included: $309,400,000 for the relief of families of mobilized men, $55,250,000 for refugees from the war zones...

Author: /time Magazine | Title: World War: Pay As You Go? | 11/27/1939 | See Source »

Although M. Reynaud is known to believe in a "pay-as-you-go" policy as far as possible in this war, the real story of French war finances was not to be revealed until the Finance Minister presents the military budget, which will be drawn up every three months. Meanwhile, to defray the increased costs, both civilian and military, taxes went up. The so-called extraordinary income tax was raised from 2% to 5% on low incomes and to 15% on incomes above $155 monthly earned by male noncombatants of military age. Other new taxes included the upping of postal...

Author: /time Magazine | Title: World War: Pay As You Go? | 11/27/1939 | See Source »

...Russo-Finnish crisis having lapsed temporarily into the name-calling stage, big bad news in the Baltic last week came from Sweden. There the national budget, for years as soundly balanced as the Great Wallendas, was shown to have taken a terrific topple from the high wire. Loss of revenues due to wartime trade curtailment, plus the cost of keeping the Army and Navy mobilized for emergency, plus armament purchases and providing urban Swedes with gas masks and air-raid shelters, had largely done the job. Finance Minister Dr. Ernst Wigforss announced that since he reported balance to the Riksdag...

Author: /time Magazine | Title: SWEDEN: Topple | 11/27/1939 | See Source »

...total expenditure carried in Sweden's last normal budget was 1,340,000,000 kroner. Dr. Wigforss asked the Riksdag to authorize a loan of 300,000,000 kronor, and plans to raise the remaining 300,000,-ooo needed to cover his "emergency deficit" by drastic taxation, particularly by upping the already high and unpopular Swedish taxes on liquor, tobacco, coffee, sugar. Liquor is sold by the famed Swedish State Monopoly and in angry protest at the deficit taxes last week 200 sailors from the Swedish battleship Manligheten ("Manhood") returned their motbocker or liquor ration books to the State...

Author: /time Magazine | Title: SWEDEN: Topple | 11/27/1939 | See Source »

Information Please costs Canada Dry about $10,000 a week. Biggest piece of this budget ($5,400) goes for air time on 60 NBC-Blue network stations. The expert Big Three get something like $450 an appearance, Interlocutor Fadiman, $750 (before Canada Dry came along they all got $40 to $50 a sitting). Guest experts, one or two a week, get $150 up. Biggest guest offer reported so far (and so far unaccepted) : $500 to Eleanor Roosevelt. Canada Dry considers this $10,000 a week well-spent. Since it started sponsoring Information Please, a year ago last week, Canada...

Author: /time Magazine | Title: Radio: Shindig | 11/27/1939 | See Source »

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