Word: deficits
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Dates: during 1930-1939
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This was two thumping billions more than Congress voted even in 1936, when it handed out the two-billion-dollar Soldiers' Bonus. It brought the 75th Congress' spending total to $21,656,174,000 for all three sessions. It shot the net deficit for fiscal 1938 (forecast by the President last January as $1,088.129,600) up to $1,250,000,000. For fiscal 1939 it forecasted a deficit of at least $3,722,000,000. It meant that the national debt, which stood at $37,379,410,474 on June 1, had a good chance of passing...
Last week, San Francisco's huge Golden Gate Bridge was one year old, and well into the red. In its first year the bridge showed an operating deficit of close to $235,000. Main reason: the Southern Pacific's auto ferries shuttle cars across the Gate at 30? per trip. The bridge toll is 50?. Last year the ferries made more than $50,000. Bridge officials have contrived a solution to their problem quite compatible with much new-style Alice in Wonderland economics. They appealed to the California Railroad Commission to force the ferries to raise their charge...
Criticism has been raised against the conflict of dates and extravagance of cost under the present system. Objection has been found to the high priced bands, the deficit incurred by most of the dance committees, and the non-restrictive attendance...
...deficit...
...preceded Whitney as president of the Exchange, forced the issue, got some inkling of the situation. Dick Whitney then asked for time to see his brother George. Mr. Simmons also saw George, who by that time had borrowed $1,082,000 from Thomas Lamont to make good the deficit. Like Messrs. Lamont and George Whitney, Mr. Simmons kept silent about the affair...