Word: deficits
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Dates: during 1930-1939
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...into Black. Radio Corporation of America went into the red in 1932, was $16.25 in arrears on every share of Class B stock as late as last December. Last week, with a gross income increase of 26%, RCA reported 1934 net profits of $4,249,000 against a deficit of $582,000 the year before...
...other hand has mostly followed the New Deal's desires. Day after Senator Wagner left the reservation, Senator Byrd followed him, moved also by convictions but of a different kind. Said he: "The course we are pursuing-borrowing money for public expenditures and increasing our enormous deficit each year-will chill the confidence of businessmen in the future prospects of reasonable profits. . . . Business is ready to resume its forward march once it can be assured that the currency will remain sound, that the budget will be balanced . . . that economy and efficiency will inspire the Government...
Between them Baldwin Locomotive Works and American Locomotive Co. account for the lion's share of the U. S. locomotive business-when there is any. Last year American Locomotive enjoyed a pick-up in orders. But last week it reported a deficit for the year of $2,071,000 against...
...puffing and straining to swell exports, they collapsed in January to a record low volume for the Century, excepting the War and inflation periods. With Dr. Schacht wrenching and squeezing to strangle imports, they swelled last month to the highest figure in three years. The Fatherland's trade deficit for January, 104,900,000 marks, was worst since...
...Administration is apparently going ahead with its attempt to restore prosperity by egregious expenditure. It is said glibly that this puts the burden on the taxpayer of the future. Beyond very grave doubts whether any expenditure can be transferred to the future for payment, the amount of deficit that the country can stand now is of some concern. Everyone is agreed that there is a limit. Scales have been broken heretofore by being overweighted. We should realize that the abstract definition of the lexicon, "equilibrium, steadiness, stability" is there because it has concrete, practical applications...