Word: costs
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Dates: during 1930-1939
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...erection of the building, which is to cost slightly over $40,000, was shown to be financially feasible. The project will now be pushed in the hope of having the roof on before winter...
...income of today-is not sufficient to drive the economic system at higher speed." Thus the program itself was founded on the old pump-priming theory with five billions in cash and credit to do the trick. By various bits of legal and financial legerdemain the net cost to the taxpayer was described hopefully as a mere billion and a half. According to the President this would provide him with the "three rounds" of ammunition needed to down Depression...
...year and a half. One new wrinkle in this works program was the suggestion that instead of the old loan-grant system by which 45% of the money was a Federal gift and the rest a loan, the total would be a loan but non-interest bearing. The net cost to the Federal Government, the President said, would be about the same...
...justification of the cost of his ammunition the President wrote: "Let us unanimously recognize the fact that the Federal debt, whether it be twenty-five billions or forty billions, can only be paid if the nation obtains a vastly increased citizen income. I repeat that if this citizen income can be raised (from an estimated fifty-six billion this Year) to eighty billion dollars a year the National Government and the overwhelming majority of State and local governments will be 'out of the red.' " And the President added: "Business must help. I am sure business will help...
More expensive than all other modern improvements put together, however, scheduled to cost $160,000,000, nearly three times the annual revenue of Iran, is an 865-mile railroad line. No foreign country is to own any part of this line, no foreign loans are to be accepted. Conceived as a strategic railway, to enable the Iranians to repulse possible British invasion from the Persian Gulf, Russian invasion from the Turkomen Soviet Socialist Republic, the railroad line carefully avoids all Iran's big cities except Teheran, skirts round the Empire's more fertile districts, spans wide rivers, crosses...