Word: funds
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Dates: during 1930-1939
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Congressmen had grown to dislike Secretary Ickes because he would not listen to their pleas for political patronage or for "pork" from the $3,300,000,000 Public Works fund he administers. To save time he would receive Congressional callers at his office in batches, require them to come up to his desk and whisper their requests. Senator Sheppard of Texas once had to wait eight days to get a private appointment. So intense was the feeling against Secretary Ickes at the Capitol last week that House Democrats refused to vote an additional $4,000,000,000 for public works...
...Anyone might voluntarily contribute to the Government's fund to buy a small annuity, up to a maximum of $50 a month. This puts the Government directly into the business of selling annuities, just as life insurance companies...
Thoroughly irritated by this state of affairs, Secretary of the Treasury Morgenthau wheeled into action the $2,000,000,000 Stabilization Fund, prime financial mystery of the New Deal. Operating through the New York Federal Reserve Bank, the Stabilization Fund waded into the market, bought French francs on a vast scale, took some of the starch out of the perky dollar...
According to the terms of the trial, a trustee had absconded with the bonds of a trust fund and had sold them to the defendant, who had resold them...
Inasmuch as President Conant made no reference to the Lowenstein Fund in connection with the newly-formed plan, it must be assumed the two are independent. That they should be is unfortunate, for both are motivated by the same desire to enable promising students to make a career in government. Worthy as is the desire, the plan to put it into effect must be weakened by separation into two units at so embryonic a stage...