Word: deficits
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Dates: during 1930-1939
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...deficit...
...figuratively at bay. All through Depression the giant Schneider-Creusot works have been racing to fill orders, their furnaces blazing and their lathes screaming as they turned out guns and projectiles for Japan, and for such other good customers as China. With the French budget now cracking under a deficit of seven and one-half billion francs, the Chamber's ruling Left-Center politicians have resolved in recent weeks to crack down on French munitions makers for a larger share of their profits than can be extracted by ordinary taxes from such secretive, elusive and resourceful tycoons as Eugene...
...Huddleston Rogers, who returned to rebuild and landscape his home town and incidentally to buy Atlas. But his family sold Atlas to some Boston bankers in 1920; rugs grew more popular than carpets and the tack trade languished. No dividends have been paid in 13 years and as many deficits as profits have been reported. It still makes 7,000,000 lb. of tacks a year, also brads and rivets, but its line of 24,000 items now includes metal buttons, shoe eyelets, bottle caps. The faith of Kermit Roosevelt et al in tacks and bottle caps was partly justified...
...long in the treasury. The stiff income taxes that were necessary to balance the budget will be reduced immediately. Tariffs on Empire goods will come down, old age pensions will be upped two shillings sixpence a week, and the Government will end the year with the million-pound deficit they were ready...
China's bankers on the run. The famed budget of Finance Minister Dr. T. V. Soong-a Chinese marvel because it balanced last year for the first time in the history of the Republic (TIME. Jan. 2)- teetered as the Government admitted a $10,000,000 current deficit and Generalissimo Chiang Kai-shek demanded of his brother-in-law, Dr. Soong, an additional $18,000,000 to pay his troops...