Word: deficits
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Dates: during 1930-1939
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...tration of hard-shelled, practical old Andrew Jackson as its prototype in U. S. history, the New Deal has made the seventh President's birthday a national political fiesta. Last week, at 36 Jackson Day dinners all over the U. S., $400,000 was raised (wiping out the deficit of the Democratic Party) and New Deal spokesmen let out a chorus of oratory matchless in volume. Unfortunately the Jackson Day chorus-instead of proving an overwhelming performance for which the antimonopoly speeches of Secretary of the Interior Ickes and Assistant Attorney General Robert Houghwout Jackson last fortnight were...
...budget for fiscal 1938 ending next June. Revising his figures on the current budget for the fourth time since he predicted a "layman's balance" a year ago, President Roosevelt estimated receipts at $6,320,000,000, expenditures at $7,408,000,000. Result: a 1938 net deficit of $1,088,000,000. The change in the past year from an estimated balance to a billion-dollar deficit was caused largely by an overestimate of income tax revenues, an underestimate of the possibilities of Recession...
Budget-"The proposed budget for 1939 [the fiscal year beginning next July 1], which I shall shortly send to the Congress, will exhibit a further decrease in the deficit, though not an actual balance...
...remarkable team. From 1932 through 1936 the champion Washington Redskins were the dismal Boston Redskins. In that time they lost for their owner, Washington Laundryman George ("Long Live Linen") Marshall approximately $85,000. At the start of the 1937 football season, Owner Marshall, fed up with perpetual deficits in Boston, moved his franchise and his team to Washington where he could give it his personal attention. His only major change in personnel was the addition of dark, drawling Sam Baugh, No. 1 footballer at Texas Christian University last year. With the showmanship which has put Mr. Marshall's glittering...
Basic fact back of what was already being referred to as the "Belisha Purge" was that despite two years of furious rearming by Great Britain, production of heavy machine guns, tanks and artillery is way behind, there is a deficit of 12,000 men in the Army's authorized strength, and the General Staff is as knee deep in red tape...