Word: deficits
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Dates: during 1930-1939
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Sullivan will support Roosevelt as a representative of the needed Liberalism in Government, and McDonald will uphold the financial policy of the administration, and will attempt to show that something worth while has been achieved by increasing the deficit...
Senator Barclay, after being introduced by professor Felix Frankfurter, Byrne Professor of Administrative Law, spoke about an hour defending the Democratic administration for its agricultural policies, its banking laws, and Treasury deficit. He said, "We had to take the banks out of Wall Street. The banking situation is greatly improved now.' He averred that the country was better off today, quoted rises in the stocks of General Motors and Dupont, which he attributed to the increased spending power of the farmer...
...daughter Barbara Irene are walking advertisements for "Irene Castle Hats." Calling on the trade, Mrs. McLaughlin often carries along a dog from her dog haven, "Orphans of the Storm, Inc." Last year the care of 8,000 canine orphans at this Deerfield, Ill. retreat cost her $16,000, a deficit whose liquidation requires the sale of a great many hats...
...With regard to expenditures which have caused deficit financing," the Washington banker observed. "I think every fair-minded man recognizes that in times of national emergencies . . . the Federal Government of necessity, by virtue of its duty to the people of the nation, must undertake steps involving unusual expenditure of funds...
...Macfadden on his mettle. In 1931, at the depth of Depression, he opened the first of five Penny Restaurants in Manhattan, Brooklyn, Chicago, Washington, D. C. First promulgated by Macfadden in the 1907 Panic, the chain sells minimum victuals at minimum prices. Last week Macfadden restaurant figures showed a deficit of only $5,610.40 for the first half of 1936. Also acquired in 1931 was Liberty, now the big façade of the Macfadden publishing structure. Publishers Joseph Medill Patterson and Robert Rutherford McCormick could not make it pay. Under the direction of kinetic Editor Charles Fulton Oursler...