Word: deficits
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Dates: during 1930-1939
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...civilians in Guernica, an incident in the Fascist march on Bilbao. Unofficially, the Government realizes that if the city falls, a crisis with Germany will be precipitated. The reason is Spanish iron. Neither England or Germany own much iron internally, but in recent years England has made up its deficit from Spain, which is just what Germany would like to do. Control of these mines, all of which send ore to the sea via Bilbao, seems to be the greatest objective of German troops in Spain...
...special message to Congress asking for $1,500,000,000 to carry next year's relief burden, and acknowledging that his midwinter estimates of fiscal position would no longer hold up because income taxes and other revenue had fallen $604,000,000 under expectations. He now foresaw a deficit on June 30 of $2,557,000,000, boosting the national debt to a peak of $35,500,000,000. With revenue estimates for next year revised downward, the President contemplated a deficit for fiscal 1938 of $418,000,000. But: "I propose to use every means at my command...
Just before Reo Motor Car Co.'s annual meeting three years ago an Independent Stockholders' Committee started a proxy battle to oust the management because of mounting deficits. The attack fizzled when Reo's onetime President Richard Hugh Scott decided that he wanted no feud with old Chairman Ransom Eli Olds. In 1935, increased success with Speed Wagons and heavy duty trucks enabled Reo to finish the year with a deficit of only $220,000, a reduction of $738,000 from 1934. But last year the deficit swelled to $1,399,000. This included...
...last week, after a change in the seatings, the Tiger crew went on a time trial and smashed their Lake Carnegio course record. Their confidence waned as they watched a Harvard Jayvee boat plow through sloppy water to make up a deficit of more than a length and cross the finish line in a blaze of glory...
...Paper & Power's treasurer revealed that 1936 earnings were about $5,000,000. He estimated that the 1937 figure "would run in excess of $9,000,000." For I. P. & P. these unaccustomed profits made recapitalization almost a necessity. At the year end the company had an accumulated deficit of some $20,000,000, precluding payment of dividends until the deficit is in some way made up. Yet if the company pays no dividends it will suffer the full penalty of the undistributed profits...