Word: deficits
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Dates: during 1930-1939
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NOVEMBER 30--H.A.A. has $30,000 deficit...
OCTOBER 17 --Beer deficit threatens the University...
...achieve these in rock-ribbed surety Premier Laval must subject France to a terrific test of budget paring, drastic economy and supreme reliance on the ultimate ability of the Capitalist system under democracy to bring back not boom prosperity-France has never had that-but tolerable times. The budgetary deficit stood at at least 10 billion francs or $660,000,000. Under the new emergency-powers law Premier Laval, assuming that Parliament shortly adjourns for the summer as it was expected to do last week, has four and a half months in which to exercise a fiscal free hand...
...porters were filling all the inkwells and placing a large brass dinner bell on the Speaker's desk, for the most powerful, least responsible legislative body in the world, the Chamber of Deputies, was about to meet. Every Frenchman knew what they were faced with: an immediate budget deficit of ten billion francs ($658,300,000), that was causing the French franc, keystone of Europe's gold bloc, to tremble on the verge of devaluation. Either the Chamber must swallow its pride, vote extraordinary powers to the Flandin ministry or else the Cabinet must fall and France head...
...government of kindly old Gaston Doumergue tried valiantly to pare Government expenditures and failed (TIME, Nov. 19). Knowing what their country was up against, shrewd French investors sent a thin trickle of capital abroad. Then week after week as the condition of French business, the size of the probable deficit, became more & more apparent, the gold flow grew. Last week it was a torrent...