Word: deficits
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Dates: during 1920-1929
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...high cost of opera in Chicago was cheerfully announced last week, as annually, by Samuel Insull, president of the Chicago Civic Opera's board of trustees. The 1928-29 deficit was $528,356, but with 500 more guarantors than before, the amount each paid was relatively small. Next year will be Chicago's banner opera year, beginning in a great new opera house on Wacker Drive, with an imposing list of singers and conductors engaged and re-engaged for the season...
...belting and harness leather used in the U. S. In June, William Gibbs McAdoo Jr. resigned as first vice president, remained a director. Last year Hiram S. Brown resigned from the presidency to become head of Radio-Keith-Orpheum. Low hide and leather prices resulted in a first quarter deficit of $843,674. Second quarter even less profitable.) First half, net loss 1,969,439 First half, net profit...
...General, "chief" of the country mailmen. Ned H. Goodell, the association's president, presented the car, told Mr. Billany: "You have humanized the service." Last week the Post Office Department found itself in a bad financial predicament. It was haunted as never before by the old problem of deficits, of the U. S. mails costing more to handle than they earn. Last year, it was announced, the postal service had run 137 million dollars into the red, which President Hoover considered a lamentable showing for the only "business" arm of a Government which its officials, in moments of pride...
...against the free distribution of small weeklies in the county of publication. The losses on marine mail are due in a measure to the Jones-White Shipping Act which granted "subventions" to U. S. ships carrying U. S. mails on long-term contracts. Other factors which have increased the deficit have been recent legislation granting increased pay for night postal work, increased allowances to fourth-class postmasters, rate reductions on certain mail classes. The increasing use of the Congressional frank has added materially to the Post Office Department's deficits...
...material side it has fared well. Starting in 1908, with an underwriting of $15,000 a year for five years, it has at the close of this 20-year period an endowment and income from tuition sufficient to insure the operation of the School without deficit, and, in the George F. Baker Foundation, a physical equipment probably excelled by no university department in its adjustment of buildings and land to educational needs. These resources could not have been attained, however, had it not been for the success with which its educational and scientific work has been carried...