Word: deficits
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Dates: during 1900-1909
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...property has been acquired at considerable expense, and as the income from it is insufficient to pay the cost of holding it, including taxes and necessary improvements, a number of graduates have subscribed to make up the annual deficit. The land is held by five trustees, who act as the directors of the syndicate, and manage the property. The deficit is divided among the associates. These trustees are: Augustus Hemenway '75, Robert Bacon '80, T. N. Perkins '91, J. A. Burden '93, E. W. Forbes...
...annual report of President Briggs of Radcliffe College has just been issued. In it President Briggs emphasizes the fact that the college, though unencumbered by debt, is largely dependent for its running expenses on tuition fees, and there is, therefore, a small annual deficit. A large, unrestricted fund to be used chiefly for instruction is much needed. The report also dwells upon the need of a larger library. The present one is far too small for the growing demands of the college. Even more important than a library, however, is the need of another dormitory. The college has one dormitory...
...Athletic Financial Policy" in the CRIMSON for December 17 calls attention to a subject of much interest to the University. For many years the football and baseball teams have been more than self-supporting, but the other teams have relied upon subscriptions to pay off part of their yearly deficit, and the credit balance every year has sooner or later been used for permanent improvements of some sort. The subscription business, however, has become a nuisance. The Graduate Treasurer's reports show that the number of University teams which collect subscriptions has increased from two in 1898 to seven...
...first subject, the President states the financial results of the past two years--a deficit of forty thousand dollars in 1902-03 and one of thirty thousand dollars in 1903-04, the year under review, and predicts and inevitable deficit, in spite of considerable economics, in the current fiscal year. All savings in salaries, he points out, have been made in the annual appointments, the salaries of professors and other permanent officers having been maintained. To meet the demands of the present situation, a large factor in which is the falling in the rate of interest of funds from...
After a decidedly unfortunate season last year the basketball management would up with a large deficit. Close upon its heels came the announcement that all minor sports had to be self-supporting in the future. After a careful investigation among the undergraduates it was determined that the attendance at the games was poor; first, because those interested did not care to occupy an entire evening at a game; second, because it was difficult to invite friends from outside of Cambridge to evening games; third, chaperones might be dispensed with at afternoon games; and many other reasons not necessary to state...