Word: deficit
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Dates: during 1920-1929
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...Cyrus H. Curtis, the publisher, established himself as a leader in the magazine world, then retired to devote himself to public service. He created the Philadelphia award of $10,000 yearly for the person who performs the greatest service for that city, for several years anonymously made up the deficit of the Philadelphia Orchestra-no small matter. His latest "benefaction," however, was conceived on a larger scale than anything previous...
...Finance Committee of the French Senate has turned a deficit to a surplus in the 1923 budget. Nevertheless, the Government will spend $443,583,000 more than it receives in the next fiscal year...
...Chamber of Deputies passed to the Senate an ordinary budget, calling for an expenditure of $1,460,214,000, with an estimated revenue from all sources of $1,214,955,000, leaving a deficit of $245,259,000. The Senate Committee applied a drastic economy axe to all departmental budgets achieving a cut of $113,400,000. Revenue estimates were raised by $170,100,000 by increased taxation returns, larger contributions from French colonies such as Indo-China and Madagascar, the attachment to the budget of $3,780,000 from the Saar basin coal- mines, and $31,500,000 from...
...actual deficit will be caused by the Special Budget, composed of "recoverable expenditures," i. e., payment of pensions and interest or reparations loans, attributable to Germany under the terms of the Treaty of Versailles. This Special Budget calls for $639,324,000 and as the French do not expect the Germans to pay any of this sum is will be a deadweight burden. The ordinary budget, however, places the sum of $157,500,000 at the disposal of the Special Budget. Thus, the deficit for reparations after subtracting the advance from the ordinary budget and the surplus on the ordinary...
...vital problem remains; that of the deficit which has been annually incurred and annually paid by the University. Next year an attempt will be made to put the management of the Union on a more scientific basis, while the membership will probably be increased by the new method of counting men as members until they resign. With a clear recognition of its dual purpose and with a prospect for better financial condition, the Union may look forward to a successful future...