Word: deficits
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Dates: during 1930-1939
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...surprise to the French Line, which had understood the Normandie was costing some $45,000,000, came last week when the state footed up the cost at 900,000,000 gold francs ($59,400,000). No surprise was the Line's operating deficit for 1934, given as $3,960,000. Paradoxically, until the Normandie was almost complete, the Reds who last week were yowling against "charity to the rich" demanded that she be completed "to give work to the unemployed...
...that your campaign committee, shortly, after your election, proceeded to solicit money from the men and business firms who sold goods to the Ohio Relief Administration. The frank purpose of this shakedown, because it can be termed fairly by no other name, was to help pay off the deficit of your campaign and the expenses of your inaugural." Specifically, the evidence which had come to Mr. Hopkins' attention was a sheaf of affidavits, which he had sent his own investigators out to get, alleging the corrupt collection of $8,000. Republican Legislators at once howled for Davey...
...comeback was his declaration : "I know absolutely nothing about the financial affairs of the Democratic State Committee. . . . My lack of knowledge in matters of this kind is exactly the same as the President's lack of knowledge of how Mr. Farley raised the money to make up the deficit in the financial affairs of the National Committee...
...hardly a stir when U. S. Rubber announced that it had dropped 16 subsidiaries last year, was preparing to drop 15 more, bringing the total down to 31. Simultaneously President Francis Breese Davis Jr. announced earnings for the year of $888,000 against $77,000 in 1933. Its deficit account now $28,000,000, U. S. Rubber passed the preferred dividend in 1928, has paid nothing on the common since...
...today is more famed as the president-chairman of another and noncompetitive corporation. Montgomery Ward & Co. Gyp's Sewell Lee Avery was picked to pull the floundering mail-order house from its red depths. He did. Last year Ward earned $9,302,000 (11 mo.) as against a deficit of $8,712,000 in 1931. But Mr. Avery continues as Gyp's president, a fact which lets him in for unmerciful attacks from disaffected Ward stockholders. Once they cartooned Montgomery Ward as a cow. U. S. Gypsum as a pail and Mr. Avery, as he said...