Word: deficit
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Dates: during 1910-1919
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...main features of the plan, government ownership, management by employees, and government payment of deficit, are all well known, and all three are pernicious. The first of these, government ownership, is a very dangerous principle in a democracy like the United States. Sooner or later the railroads would become the pawns of the political parties, both working for their control. The spoils system on a new and greater scale would be rejuvenated. Moreover, under this plan, the employees of the railroads would have effective control over the hours they work and over the pay they would receive for that work...
...large part of this approximate sum of $1,300,000 is made up from the income of the University's invested capital, but the $165,108 deficit in the last fiscal year, the largest in the history of the University, definitely establishes the fact that Harvard needs new funds, particularly in view of the plan to increase expenses still further by the proposed changes in the salaries of instructorss and professor, whose pay, it is pointed out, has not been raised since...
...with a grand total of $108,500 subscribed in the Loan Campaign. Every class but 1922, which still lacks $9,400, has now exceeded its quota. This amount must be raised in the two remaining days of the Loan, or that class will close the campaign with a deficit. Last year, the Freshmen subscribed nearly one-half of the amount raised...
...fact that our own Union is not in as flourishing circumstances as it might be. Even before the war the expenses were becoming harder and harder to meet. The membership had declined. It was proposed to make membership compulsory among the students in order to meet the annually increasing deficit, but the plan was never carried out. The war and the Radio School coming at just this period, it was found convenient to install a new "Mem" Dining Room in the big Reading Room. The Dining Hall will be operated for the remainder of the year, but the question...
...other non-military equipment. The sudden termination of the war has financially embarrassed large numbers of undergraduates who have been in the service only for the short time since the draft age was lowered. The small amount of pay did not suffice to cover, in many cases, the deficit caused by lack of remuneration for expenses to and from Cambridge, which was the point of enrolment of the S. A. T. C. There were also many cases where college men were commissioned shortly before the armistice, and had little or no officers pay to cover the expense of uniforms...