Word: expectancy
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Dates: during 1930-1939
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...outlay of 1934, might have announced a deficit not of $7,309,000,000 but of $3,339,000,000. Then he might have told Congress in sober truth: "Last summer we planned to run into debt for $3,300,000,000 of emergency expenditures. We expect to exceed this amount by only $39,000,000. For fiscal 1935 our budget, including all emergency expenditures now foreseen, is estimated to balance with a surplus of $14,000,000. Some unforeseen expenditures may be required, but we hope to keep them as small as possible. Certainly the deficit for 1935 will...
...London Conference on the issue of stabilization, should have taken a holier-than-thou attitude on that issue last week, the London Times alluded icily to "his curious reference to difficulties which prevent other nations from entering into stabilization discussions based on permanent world-wide objectives. . . . He can hardly expect other countries to seek currency agreements as long as American monetary policy is still in the experimental stage...
Throughout the volume, the bankers are in for the castigation which one would expect of an administration sympathizer. An amazing comparison, of the investigation of the House of Morgan with an investigation of Tammany enlivens the book. Similar characteristics are observed in the following pairs; J. P. Morgan and John F. Curry (simple honest belief in the "system"), George W. Whitney and James J. Walker (plausibility and simple thought), Thomas W. Lamont and John W. Delaney (astuteness), Otto H. Kahn and John H. McGooey (affable admission of error...
Like Anthony Trollope, Edgar Wallace was a most workmanlike practitioner of literature. Unfortunately, Mr. Wallace's work bears more evidence of the mechanical way in which it was turned than does that of Trollope. While Wallace is frequently boring, his work is also at times better than one would expect--due, I suppose, to the fact that the tricks and devices upon which he relies have been proven to be sure-fire through years of constant...
...were prepared to leap gleefully on Mr. Roosevelt and see him overwhelmed by public disapproval of his monstrous expenditures, whil they posed grandiloquently as the saviors of their country or at least of their country's credit. Mr. Snell announced that he was so shocked that he did not expect to recover for "several days." The several days have passed and Mr. Snell is apparently still laid low with shock -- or, at any rate, if he is capable of learning anything, he has retired into a silence which will probably not be pregnant of the rash bombast that...