Word: funds
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Dates: during 1930-1939
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This week The Churchman defense fund stood...
Excited by the newborn alliance between classroom teachers and liberal professors, hotheads tried twice to wrest control of NEA's $800,000 permanent fund from NEA's tight-fisted Trustees, vest it in the Assembly of Delegates. "It's a matter of fair play," New York's small, grey-haired, pink-dressed Johanna Lindlof shrilled into a microphone. The Assembly, unimpressed, twice voted to keep its hands out of its own pocket. Mourned Johanna Lindlof: "The classroom teachers are just puppets and the double-crossing superintendents pull the strings...
...industrial researcher for Speculator Bernard Mannes Baruch had bellowed to newshawks that NRA was to be operated "in a goldfish bowl." Last week Hugh Johnson met Manhattan reporters with the promise that in disbursing New York City's share of the new four-billion-dollar work relief fund he wanted to "give it all a public airing." And he had been only a little more sanguine about taking over NRA and putting six million men to work by Labor Day than he was at becoming a Works Progress Director. At Washington, Newark and Manhattan he growled: "The President said...
Today in New York City (pop. 6,930,000) live 1,222,331 men, women & children on public bounty, half of which comes from the Federal Government. Of the four-billion-dollar Federal work relief fund, this greatest single pool of public destitution in the history of the U. S. will get about $220,000,000, just over 5%. To see that the jobless get it with minimum inefficiency is Soldier Johnson's job. Responsible only to Administrator Hopkins, he will work four days a week, receive no salary, draw $25 a day for expenses...
...citizens and their goods are concerned. U. S. consular officials in Germany inclined to believe last week that the revolving fund will be used not so much to dump in the U. S. as in countries with which the Fatherland has clearing agreements. According to the plausible secretariat of smart Dr. Schacht, nothing is farther from his high mind than dumping. He merely hopes to equalize the difference between the value of the German mark, which is relatively high because the mark has not been devalued, and the value of other currencies like the yen, pound and dollar, which have...