Word: fiscales
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Dates: during 1930-1939
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...post of Undersecretary was appointed Dean Gooderham Acheson, 41, native of Connecticut, resident of Maryland, lawyer of Washington. Secretary Woodin did not meet the man who was to be his chief fiscal adviser until after the appointment was made. Largely responsible for Mr. Acheson's selection was his good young friend. Director of the Budget Lewis Williams Douglas, whose word has impact at the White House. Long familiarity with intricate tax cases comprised the new Undersecretary's principal qualification...
...Secretary of the Treasury. Virginia's Senator Carter Glass. He it was who wrote the 1932 platform plank pledging the Democracy to a "sound currency at all hazards." During the campaign he arose from a sick-bed to deliver a deadly attack upon Herbert Hoover's fiscal program which won him 5,000 messages of congratulation. He turned down the Treasury portfolio because he thought he could be of more service to the new President in the Senate. If he had accepted that post March 4, he would certainly have resigned it last week, so far apart...
...naval program included in President Roosevelt's Public Service Bill is inadequate to cover the depreciation of the navy. $46,000,000 is the amount outplayed for the next fiscal year in a contemplated expenditure of $230,000,000 over a period of five years. The average depreciation of the navy is $100,000,000 per year...
Like the fever chart of a sick giant, the Federal Budget continued to make news last week about the public credit of the U. S. On April 18 the red line of the deficit broke through the billion-&-a-half-dollar mark for the first time in fiscal 1933. On that day Federal outgo ($3,102,172,570) since July 1, 1932 exceeded Federal income ($1,598,325,881) by $1,503,846,689.* The Public Debt stood at $21,452,266,588, an increase of $1,965,263,144 in the form of borrowings to meet current expenses since...
...again open and off his mind for the moment, President Roosevelt drove the rest of his legislative program ahead at top speed last week. While eating a tray luncheon in his office he signed his $500,000,000 Economy Bill. His pen & ink thereby marked an historic transfer of fiscal power from the Congress to the Presidency. Heretofore Congress has appropriated specific sums to be spent as ordered on veterans and Federal employes. Under the new law Congress authorizes a lump sum expenditure, leaves it for the President to spend within certain broad bounds...