Word: deficits
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Dates: during 1920-1929
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...cost $782,408,753 to carry last year's mails, of which about $560,000,000 went as pay to approximately 274,000 postal employes. For this service the public paid $696,947,577 to the Post Office Department, made up an $85,000,000 deficit indirectly through taxation. "Free mail" carried would have netted, if paid...
...Allen proposed that the legislature grant a charter to the Central Bank of Nebraska, compel all other State banks to surrender their charters and become Central Bank branches. The Central Bank would pay off the Guaranty Fund's deficit, capitalize at $20,000,000, become the sole depository for State funds...
Lincoln, capital of Nebraska, has two claims to esthetic distinction: 1) Its capitol building, last work of the late great Architect Bertram Grosvenor Goodhue, is surely a piece of the world's greatest modern architecture. 2) Its symphony orchestra exists unaided by great-hearted guarantors and, miraculously, without deficit. Last week the Lincoln players gave the first concert of their fourth season. Again Rudolph Seidl, onetime oboist in the Minneapolis Symphony, conducted his 40 colleagues, all of whom receive union wages. Again there will be given four Sunday afternoon concerts sponsored by the junior division of the Lincoln Chamber...
Ever since he lifted the Chicago Opera and its million-a-year deficit from the grateful shoulders of Harold Fowler McCormick, Mr. Insull has made it his favorite plaything. And most things that Samuel Insull plays with are sooner or later made to pay. Thus, though Architects Graham, Anderson, Probst & White had orders to stint nothing in making Chicago's opera house second to none for luxury, they also had orders to surmount the edifice with a 21-story office building. In the auditorium are rose-velvet boxes, rose-brocade chairs, a gold and ivory proscenium arch, lush carpeting...
...true that transportation has always followed migration, which in this country has always been from east to west, the airplane is now opening up trade routes north and south. . . . The Post Office Department has never operated at a profit. Why should aviation transportation be discriminated against-reducing an inevitable deficit?" The fact that Mr. Brown's Toledo law firm, Brown, Hahn & Sanger, has represented certain railroads, made some of the airmen suspect, in their bitterness, that Mr. Brown was consciously or unconsciously keeping the mail business safe for the railroads...