Word: deficits
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Dates: during 1930-1939
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Asked to explain the above, administration officials say that the foreign governments have not balanced their budgets. This cannot of course refer to Great Britain, which will have a small surplus this year, but it does refer to France, where there is an indicated deficit of about a half billion dollars...
...dollar to reach fifty cents by further purchases of gold in the open market is said to involve protracted delay. The over-spending policy may in the next two weeks cause a drop in the dollar's value, but the first reaction to the $7,000,000,000 deficit did not cause much of a break in dollar quotations abroad...
...next July the deficit would be $3,000,000,000, and the gross public debt would be lifted to within $1,000,000,000 of its 1919 all-time high...
...last week. Cincinnati had done for the fifth time what no other U. S. city of comparable size (452.000 pop.) had done twice in succession-reinaugurated a reform municipal government. And Cincinnati was that almost equally rare big town which closed its books Dec. 31, 1933 without a deficit...
According to officials at University Hall, there is no chance that the old schedule will be resumed this year, and its resumption next year will depend entirely upon the state of the University's finances. The present operating schedule is estimated to have reduced the annual Library deficit...