Word: costs
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Dates: during 1940-1949
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...first time in history, the budget for the services would go to Congress in one piece. There would doubtless be plenty of lobbying by individual services, but the U.S. could focus on the overall cost of defense...
...Parliament, Britain's blustering Minister of Health Aneurin ("Nye") Bevan got called to personal account for the high cost of socialized dentistry. Demanded M.P. Frank Medlicott: "Has the minister calculated how much of the greatly increased expenditure is caused by the fact that every time he makes a speech there is widespread gnashing of teeth...
...arrived by stagecoach, farm wagon and shanks' mare. Board, reported the chancellor, "need not exceed 80? per week." They ate mostly bread and milk, an occasional fish from Lake Mendota, and, as a "rare treat," roast potatoes. A room in North Hall, the dormitory "on the hill," cost $5 a term; furniture "new from the store," another $8. Students had to draw and fetch their own water from the university well, chop down campus trees for firewood, and raid nearby farms for straw for their mattresses. Daily chapel was compulsory; so were six hours of daily attendance at lectures...
...reason for this, said Slichter, was that U.S. businessmen have not yet learned to write off the inflationary water-in their profits. When the value of inventories rose, businessmen took a paper profit, ignoring the fact that the replacement cost had risen too. They did the same with their plants and equipment. Thus, of the estimated $21 billion in profits (after taxes) this year, Slichter thought at least $5 billion is sheer self-deception...
Transcontinental hopes to deliver 340 million cu. ft. of gas a day, at a cost of approximately 31? per 1,000 cu. ft. This is so far below the present cost of manufactured gas in New York that nine utility companies in the metropolitan area have already signed up as customers...