Word: deficits
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Dates: during 1930-1939
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Shrapnel. The publishers fired a blast at the proposed Newsprint Code which, they insisted, "is a monopoly, make no mistake about it"; shot at the Post Office Department for its contention that newspapers are largely responsible for the heavy deficit on second-class mail; proposed coinage of a 3?-piece to make it simpler to sell 3? newspapers; re-elected Howard Davis, plump business manager of the New York Herald Tribune, as president; went home...
...closing of Hemenway comes as the first of the more obvious curtailments of the H.A.A. which are made necessary by the deficit which it faces for the present year. Present estimates set the deficit hope to make up mach of this by playing Princeton in football next fall instead of Leigh. The Princeton game is expected to bring in something over $80,000 as compared with last year's receipts tees will cut Harvard's share...
...Athletic Building remain at present unpaid. Business conditions have prevented payment of the gifts but since they are from one of the country's great fortunes, it is understood that they will be paid within a short time. The outstanding amount is more than sufficient to cover the deficit which the Association incurred in taking over the building expenses of the new gymnasium...
...Where else in the world," asked he, "can you find a country which has been able to show a substantial surplus in its budget for two successive years? . . . Japan has a deficit of ?46,000,000, Italy and France of ?75,000,000 apiece. The United States where they always do things on a much bigger scale, have a deficit of ?1,416,000,000, but the United States have such large reserves that deficits do not trouble them...
...Recent rains in South Dakota were cause for excitement at the stockholders' meeting of Chicago & North Western Ry. Drought and a grasshopper plague had combined with Depression to push North Western's deficit to $11,216,000 in 1932. Last year it was cut to $7,875,000. President Fred Wesley Sargent told his stock-holders last week that if North Western's earnings continued at the rate enjoyed for the first quarter the road would finish this year with a $2,000,000 profit...