Word: fiscales
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Dates: during 1930-1939
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...long after Fisk Rubber Co. was pulled through the receivership wringer in 1933, the House Select Committee on Investigation of Real Estate Bondholders' Reorganizations roundly spanked the firm's reorganizers (most of whom were bankers who had financed Fisk) for sacrificing the bondholders to suit their own fiscal interests. The old company was sold for $3,030,000 to a new corporation which wrote it up to $13,000,000, but new Fisk Rubber Corp. was clean in one respect: it had no bonded debt. And it prospered...
WASHINGTON--Conservative Democrats and Republicans in Congress to-night prepared for a determined campaign at the coming session to slice millions from the government spending program for the next fiscal year, now being whipped into shape by President Roosevelt and his financial experts...
Last week the No. 1 German industrialist, Fritz Thyssen, who in early Nazi days gave Hitler invaluable fiscal support, suddenly arrived with his wife and child at the Locarno Hotel in Lucerne, settled down for "an indefinite stay." Said Tycoon Thyssen: "As a member of the Reichstag I expressed myself in timely and emphatic fashion against the war and the present policy of the Reich Government. This political attitude threatened to cause consequences which forced me to leave Germany...
...Jesse Jones, who likes to get RFC's money back, this was presumably good news. On the other hand, Banker Jones also likes to keep a grip on key properties like Continental Illinois-it has a useful fiscal finger in many pies, especially railroads and bankruptcies, which have given it large profits, the RFC much useful information...
Congressional Canutes or no, the tide of national debt was still mounting. In the fiscal year 1939 the U. S. spent $3,600,000,000 more than was collected in taxes. Session III of the 76th Congress will face a probable new Army appropriation of about $1,700,000,000, a new Navy appropriation of about $1,300,000,000, plus a $275,000,000 deficiency appropriation. To meet this bill for national defense, while continuing to spend many millions on relief, works, etc., the U. S. Treasury must raise new taxes, somehow, somewhere. And 1940 is an election year...