Word: deficits
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Dates: during 1920-1929
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Urban v. Rural. Only first-class mail pays its own way. Hence there are annual deficits in all the five branches of U. S. mail service which carry all classes of mail. Yet the Rural Free Delivery is regarded by some people as more of a public welfare service than City Delivery, Village Delivery, the Star Routes* or the Railway Mail. Mr. New could not see how this distinction could be made, nor why some people want to have the Rural Free Delivery deficit treated as an extra-postal expense in the national budget...
...defend the policy of my Administrations in the handling of the state's business. " Manhattan newspapers headlined his report in characteristic fashion: The Democratic World: SMITH ANSWERS G. 0. P. CHARGE OF EXTRAVAGANCE "EX Democratic Times : GOV. SMITH SHOWS STATE HAS $13,965,345 SURPLUS; FOES PREDICTED DEFICIT. The Republican Herald Tribune: RUNNING COST OF STATE THIS YEAR TO RISE...
Officers. Because C. King Woodbridge of Detroit, during two terms as president of the International Advertising Association, had corrected the organization's finances from a deficit of more than $30,000 to a cash balance of $10,354.71 and had spent only $94,627.94 last year, the association elected him president for a third term, over the strong contest that Charles C. Younggreen of Milwaukee pretended to give him. Detroit will be the association's next meeting place...
...president is Theodore F. Merseles, 63. He has been, successively and with much success, a railroader, bicycle maker, cloak and suit mail order man. In 1921, when the price slump had dragged Montgomery Ward & Co. (everything by mail, from engagement rings to fox-traps) into a nine million dollar deficit, he was called in as its president. The 1922 balance sheet showed profits of $4,562,607. He revolutionized the buying and inventory control, tripled gross sales in five years (to some 200 millions in 1926), and made record profits of $11,358,498. When he resigned as president last...
Chicagoans believe in a rosy-cheeked, white-mustached, short, chunky, soft-spoken Santa Claus. He gives them what they want. He gives them efficient light, gas and trolley cars. After Harold Fowler McCormick had given them grand opera at a deficit of a million yearly, Santa Claus (whose Chicago name is Samuel Insull) stepped in and reduced the deficit by more than 50%. He implied that he would furnish grand opera at no deficit...