Word: funds
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Dates: during 1930-1939
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...outright and $3,000,000 in trust;* to his son, Sir John Reeves Ellerman, $3,000,000 outright, $10,000,000 in trust and the residue of the estate. The will urges executors not to seek repayment of loans from persons in need, provides a $50,000 fund for any relatives who may have been forgotten, orders a cut of one-third in the bequest of anyone who contests the will. A final codicil increases all bequests by the amount the pound has dropped since England left the gold standard...
...talked & talked, adopted resolutions endorsing most opinions advanced. Chief opinions: 1) slum dwellers should be moved to homesteads on city outskirts, encouraged to provide their own food, maintain their own cottages; 2) the Federal Government should eliminate blighted areas with part of the $3,300,000,00 public works fund; 3) all slum property should be converted into public parks...
...State Treasurer Tom Boyd to check them against bonds in the State vaults. The Treasurer refused. The District Attorney went to Governor Alfred M. Landon, got access to the vaults. In 40 minutes Federal investigators found $329,000 of forged bonds held as security for deposits of State funds in Kansas banks-found them lying in the vault not more than a yard from the bona fide original bonds of which they were copies, owned by the State School Fund Commission. Governor Landon then took the extraordinary step of personally ordering an arrest...
...services of 18,400 shipwrights. When completed, it would bring the U. S. Navy close to the limit set by the London Naval Treaty. Of the 21 ships contracted for, 16 would be constructed out of the $238,000,000 cash allotment to the Navy from the Public Works Fund, five out of regular annual appropriations. Total expenditures for fiscal 1934 were estimated at $86,000,000. Contracts awarded: To Newport News Shipbuilding & Dry Dock Co.-two 20,000-ton aircraft carriers at $19,000,000 each. To Bethlehem Shipbuilding Corp.-one 10,000-ton cruiser with 8-in. guns...
...believe that there should be a type of bank that is purely for savings. ... On this money no interest should be paid. ... On the contrary the banker should receive a small fee for handling the fund...