Word: costs
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
...affairs. Last week, however, the President surprised the newsmen by having a grievance of which he spoke feelingly and at length. He was, he said, convinced that the Interstate Commerce Commission was a sluggish body which sadly required verve. It had taken the Commission three years to fix the cost of mail transportation. At the end of this time the Commission had judged that the government owed railroads $45,000,000 for previous service. The President stated that he had objected to this decision, had refused payments. The question had been carried to the Supreme Court. This difficulty would have...
...repeal of the law requiring it to prepare plans for railroad consolidation. He was also skeptical about the Commission's ability to evaluate the railroads, a problem before it since 1906. But he was inclined to be lenient in this regard, feeling that such valuation is impossible and would cost millions & millions to bring anywhere near completion...
...President warned against pride. Brightly he illumined the need for further constructive economy. "A short time ago," he stated, "there were pending bills which would have doubled our annual cost of government. Had there not been a constant insistence [by the speaker] upon rigid economy, many of these bills would have become law. A decrease of less than 10% in the income of the nation would produce a deficit in our present budget...
Forecast, not enacted, last week was a doubling and a more than doubling of each and every U. S. citizen's income tax. For the enemies of Prohibition had occasion to demonstrate that adequate enforcement would cost a billion dollars ($1,000,000,000) a year. And the friends and promoters of Prohibition had every reason to assure each other that?cost what it might ?Congress would vote all monies needed for this cause...
...course of his speech mention was made of the progress in electrification made by the railroad. The lines between Philadelphia and New York are to be entirely electrified at a cost of over $100,000,000. The change from the present system to that of electrification will require six or seven years, for its completion. In carrying out this plan the railroad is looking forward to the time when the problem of providing transportation facilities will be an entirely different matter than it is at present. The electrified system will be adequate to supply New York City with transportation facilities...