Word: debts
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Dates: during 1930-1939
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...these exhibitions of economy lost their significance when the public learned last week about a quiet little speech made by Secretary of the Treasury Morgenthau to an Appropriations subcommittee in secret session last month. Testifying on the Treasury-Post Office supply bill, Mr. Morgenthau calmly observed that a public debt of $50,000,000,000 was in certain prospect for the U. S., and would by no means strain the nation's financial structure. Shocked protests answered Mr. Morgenthau. But realists on Capitol Hill knew that he was only putting it mildly. They knew that...
...Business Conditions, reversing the temporary downtrend shown throughout January, rose 1.6 points last week-from 97.6 to 99.2. Chief cause of the rise was an increase in public spending everywhere except in the ten biggest cities. Business loans continued to decline, reflecting industry's indisposition to go in debt for inventories...
...cost of getting Community Concerts into operation was $140,000. Judson regards this sum as a loan to Community's artist-clients, which they are gradually "repaying." Their "debt" still amounts...
...Ford workers (and union votes) to Mr. Martin and put Ford Motor Co. on good terms with the National Labor Relations Board. This would also relieve the pressure of a C. I. 0. boycott against Ford products and place the president of U. A. W. in debt to Henry Ford...
...Quoted from Thomas Jefferson: "To preserve our independence, we must not let our rulers load us with perpetual debt. ... As the doctrine is that a public debt is a public blessing, so they think a perpetual one is a perpetual blessing, and therefore wish to make it so large that we can never...