Word: deficits
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Dates: during 1930-1939
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...would pass the tax buck to Congress. Those sterling fellows, he intimated, must decide for themselves and the U. S. whether: 1) to pass a new tax bill, which in an election year is similar to harakiri; or 2) simply to go on borrowing money, thereby creating a larger deficit and running the public debt beyond the statutory $45,000,000,000 limit...
...total expenditure carried in Sweden's last normal budget was 1,340,000,000 kroner. Dr. Wigforss asked the Riksdag to authorize a loan of 300,000,000 kronor, and plans to raise the remaining 300,000,-ooo needed to cover his "emergency deficit" by drastic taxation, particularly by upping the already high and unpopular Swedish taxes on liquor, tobacco, coffee, sugar. Liquor is sold by the famed Swedish State Monopoly and in angry protest at the deficit taxes last week 200 sailors from the Swedish battleship Manligheten ("Manhood") returned their motbocker or liquor ration books to the State...
...York Central, rosy with the rush of shipping business that has brought the flush of health to many a wan railroad cheek, last week announced a September net of $3,120,096, reported that fat business had cut its 1939 deficit to 90? a common share, compared with $3.32 for the first nine months of 1938. That day New York Central, a fast mover in a normally lively market, stood at 20¼. Next day it was down to 20, the following day to 19¾. Last week it closed...
...When Bethlehem Steel, No. 1 U. S. war baby, reported nine-months earnings of $1.89 a share, as against a $1.26 deficit last year, its stock fell two points. Last week it sold at 85, down 15 points from its war-boom high...
Since 1934 Chicago's mammoth Marshall Field & Co., depression-riven, has had its face lifted. Shorn of its wholesale division, many a retail outlet and mill, the company turned a 1937 deficit of $1,654,452 into a 1938 profit of $3,492,238. Last week, with three-quarters earnings of $1,718,458 up 58% from 1938, blue-eyed chubby-cheeked President Frederick Dexter Corley offered a plan and a plum to stockholders...