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...salesman get about $3,700. Anyone who gets $3,700 per year can easily remember the figure $3,700,000,000.00 because that is just one million times his salary. To remember that figure became last week a patriotic duty, because that is the figure which Brig. Gen. Herbert Mayhew Lord, funny-story-telling Director of the Budget, put down as the cost of U. S. (federal) government for the fiscal year July 1, 1929-June 30, 1930. All the columns and columns of additions and subtractions which totalled 3,700 million were placed by General Lord before President Coolidge...

Author: /time Magazine | Title: National Affairs: Budget | 8/20/1928 | See Source »

...Year's Day at the Treasury Department. Instead of making resolutions for the future, the Treasury custom is to review the past. Secretary Mellon issued his report on fiscal* 1928. Meantime, Brigadier-General Herbert Mayhew Lord, Director of the Budget, worked away at plans for fiscal 1929 preparatory to laying them before President Coolidge at Brule next month. Secretary Mellon began by talking about the biggest figures of all on the national ledger-the national debt. It had been reduced by $907,000,000, bringing it down to $17,604,000,000. The average rate of interest paid upon...

Author: /time Magazine | Title: THE CABINET: Money Basket | 7/9/1928 | See Source »

...this to be accomplished? By strictest economy, by the tireless picking and pecking of Herbert Mayhew Lord, director of the budget. Arose, therefore, General Lord, hoarder of pennies, good storyteller. Said he: "Are we disturbed? Well, perhaps disturbed, but not discouraged. Down, but not out. We accept the challenge. . . . Expenditure will be kept inside revenue, no matter what the decrease in revenue may be." General Lord stared the deficit in the face, recalled the black days of 1919: "In certain localities it is the custom to refer to the year of the big snow or the great flood. ... I think...

Author: /time Magazine | Title: National Affairs: 1921 V. 1928 | 6/18/1928 | See Source »

...Simon Krixtein '29; J. D. Leekley '27; E. A. Levinson '28; J. S. Liebermann Jr. '28; H. L. Ledish '28; N. W. Lovely '27; R. T. Lyman Jr. '28; Thomas McGovern '29; Alexander Mahlowitz '29; D. H. Marfield '29; E. C. Marget '27; P. W. Mather '29; T. L. Mayhew 27; G. A. Millikan '27 Sumner Moskovitz '27; O. E. Mulliken '27; W. E. Mydans '27; S. B. Myers '29; G. A. Orrok Jr. '27; Brooks Otis '29; J. R. Paine '27; L. J. Phillips '27; Douglass Pillinger '28; Charles Platt Jr. 27; P. J. Quinn '29; Ahraham Raum...

Author: NO WRITER ATTRIBUTED | Title: PUBLIC SCHOOLS' GRADUATES EXCEL | 4/11/1927 | See Source »

...Sever 18 Economics 2 Abbott-Foley Sever 17 Gamache-Prescott Sever 18 Ratzlaff-Zion Sever 23 Economics 37 Sever 6 Education A Sever 11 English 41 Abbott-Greenfield Geol. Lect. Rm. Haber-Lyford Semitic Mus. 1 McAdams-Zorn Emerson D Fine Arts 2a Fogg. Lect. R. French 18 Adams-Mayhew Sever 5 Maynard-White Sever 6 German 1c Emerson A German 4 Sever 29 Government 1 Mr. Bromage, B1, B2, B3, B4 New Lect. Hall Mr. Houser, H1, H2 New Lect. Hall Mr. Padelford, P1, P2, New Lect. Hall Mr. Sinclair, S1, S2, S3, S4 New Lect. Hall Mr. Dealey...

Author: NO WRITER ATTRIBUTED | Title: MIDYEAR EXAMINATIONS | 1/28/1927 | See Source »

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