Word: deficits
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Dates: during 1930-1939
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...almost unanimous vote decided that Speaker Jeanneney's speech should be posted up on notice boards in every French city, town and hamlet. Since the budget ought to have been voted by Jan. 1, appropriations and expenditures are now so out of balance that the total French deficit was estimated at $400.000,000 and was said to be increasing last week at the rate of $45.000 per hour...
Today, two short years afterward, France has squandered her surplus and faces a budgetary deficit of more than 10½ billion francs. Last month, when Premier Joseph Paul-Boncour succeeded Edouard Herriot, he begged Papa Chéron to come out of retirement and roll up a surplus again. After solemn thought (and probably some chest thumping) Chéron of Lisieux is Finance Minister again. Last week at a painful Cabinet session he told Premier Paul-Boncour & Ministers exactly what bitter pills must be swallowed if France is to have a sound, balanced budget again...
...deficit at the half-year stood at $1,159,286,502. Gone is any hope of balancing this year's budget. -Speaker Garner talked of reducing single exemptions from $1,500 to $1,000 ignorant of the fact that such a cut had already been made in the 1932 Revenue...
Last week both national committees reported to Congress the costs of their Presidential campaign. To win, the Democrats spent $1,638,177.58 and wound up with an indicated deficit of $769,055. To lose, the Republicans spent $2,670,652.69. Their indicated deficit was $239,540. Henry Ford's $25.000 was the largest single Republican contribution. Bernard Mannes Baruch gave the Democrats a total...
...year ago stockholders learned that bullish First Security had sat too long. President Jackson Eli Reynolds announced that First Securities owed $6,000.000 more than the total market value of its investments. And last week he stated that this deficit had increased to $11.750.000, that the directors intended to liquidate the loans as soon as First Security's holdings recover sufficiently in price. First ] National Bank stock (100,000 shares outstanding) promptly dropped $50 a share...