Word: deficits
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Dates: during 1930-1939
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When traffic is light, rails become dull with rust. In the past four months bigger trains and more of them have polished up the rails of all U. S. carriers. Weekly car-loadings have run as high as 29% above last year and many an operating deficit has changed to a profit. In the last reported week New York Central loaded 109,000 freight cars against 75,000 twelve months ago. Its June operating income was more than 2,000% above the year before-$4, 384,000 against $192,000. Average June operating income for the first 75 roads...
...time the storm beat chiefly around the educational issues involved. Then it centred on political machinations and the authenticity of the Board's announced $10,000,000 deficit in 1933 which it had offered as motive of its economizing. At the mass meeting Dean Judd traced the economy move back to an order from Mayor Edward Joseph Kelly, who had in turn taken his orders from Publisher Robert Rutherford McCormick of the Chicago Tribune. In the matter of the deficit, Dean Judd gave to the Board the lie direct...
...Herald & Examiner had previously asserted that the deficit was really only some $5,000,000, to which the Board had added $2,600,000 in anticipation of a hypothetical decrease in tax revenues. Now Dean Judd charged outright that the Board had deliberately misstated the deficit in order to frighten the public into accepting its cuts. Even if it were trying to wipe out in one year the deficit accumulated since 1929, that, at 1932's end, had been less than $7,000,000. As for 1933's genuine deficit of $1,162,940, that had already been...
...Board of Education eyed with satisfaction its $4,000,000 economy. Added to more than $1,000,000 in business and administrative economies, another $4,000,000 saved by a four-week shortening of the school term, it almost wipes out the board's expected $10,000,000 deficit...
...farm relief, home and farm mortgage relief, etc. Special taxes have been segregated to service this special budget. ¶ During fiscal 1933 the Public Debt increased $3,051,000,000 to $22,539,000,000 -high point since 1922. The incease in the Public Debt was caused by the deficit plus $1,258,000,000 advanced by the Treasury to Reconstruction Finance Corp. When Franklin Roosevelt promised in the campaign to cut costs 25% Republicans hooted him as a jester. Last week there was not a single Federal employe who did not realize that the President...