Word: deficits
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Dates: during 1950-1959
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...Deficit Financing. In Lansing, Mich., police officials shelled out 4? postage due on a letter from Indiana state police, its envelope bearing the legend: "Indiana-where we live within our income...
This hitherto unrevealed fact results from a survey by an independent research group hired to held the Administration find ways to reduce the predicted $150,000 deficit the Dining Hall Department says it will incur this year...
Risk of Trouble. Poland is in further trouble in its foreign trade. Although sales of coal, the nation's biggest export, have slumped sharply, Poland's imports are soaring. The balance of payments deficit-$142 million last year-rose to $120 million in the first six months of 1959 alone...
...month steel earnings: 1958 1959 Bethlehem Steel $1.68 $1.75 Jones & Laughlin 1.45 3.15 Wheeling Steel 1.80 2.78 Inland Steel 1.86 1.99 While second-quarter earnings made up for the third-period shutdown for most steel companies, they were not enough for ailing railroads. The New York Central reported a deficit for the third consecutive month, and a cut in nine months' earnings to 52? per share v. $1.56 per share at the end of June. The Pennsylvania had a $2.3 million loss in September that wiped out its eight months' profit and put the road...
...view of the American trade deficit, both the trade concessions and the loan prepayment are especially opportune. Both were made possible by sound fiscal policies and a progressive attitude towards world trade. If the United States is incapable of these enlightenments, it should at least refrain from extending an anachronistic protectionism...