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Critics of the Lipscomb bill cite the failure of the now-defunct Committee of the Legislative Budget, set up in 1946. That group, however, wrote its own budget, arbitrarily setting a ceiling on expenditures without even investigating the needs which the Bureau of the Budget had carefully calculated. After having to pass supplementary bills amounting to six billion dollars over the ceiling, Congress dropped the Committee. Lipscomb's proposed committee, however, would not aim at writing an a priori budget. It would simply determine the best fiscal policy by correlating the reports of the various committees on revenue, appropriations...

Author: NO WRITER ATTRIBUTED | Title: A Reasoned Budget | 4/29/1955 | See Source »

Blockbuster No. 1. For his text Ives went all the way back to 1926, when Harriman was board chairman of a now-defunct steamship line. The company had obtained two Manhattan piers from Tammany Hall, Ives charged, by paying $250,000 to a corrupt Brooklyn judge. Harriman, testifying before a grand jury in 1930, had denied any knowledge of the transaction. "I can tell you," thundered Ives, "that you can't trust big business . . . particularly the business of the state, to a man who says he didn't know what happened to a quarter of a million dollars...

Author: /time Magazine | Title: National Affairs: Pass the Ammunition | 11/1/1954 | See Source »

Other builders summoned to the stand told how they had also made big windfall profits under the now-defunct Section 608 of the housing act. Among them...

Author: /time Magazine | Title: HOUSING: Fresh Dirt | 9/6/1954 | See Source »

...there a theatre public at Harvard? I assure you it numbers less than one thousand--except, of course, for Shakespeare. Will originals draw this public? Considering "The General," presented by the now-defunct Harvard Theatre Group last spring, they will not. Here was a thoughtful play by the co-author of a Broadway production which was by all accounts an artistic success. It had its world premiere in the thinking community of its birth. Yet it was a huge financial failure. We simply cannot take this risk...

Author: NO WRITER ATTRIBUTED | Title: PHANTOM PUBLIC | 1/5/1954 | See Source »

...help from Dave Beck's roughhouse A.F.L. Teamsters' Union against Hearst's Post-Intelligencer. Beck's men threw what he called a "wall of living flesh" around the PI, and shut it down tight for three months. In 1937 a second Guild strike against the now-defunct Seattle Star also got rough when the Guild became tangled up with jurisdictional street battles between Beck's Teamsters (no longer Guild allies) and the pro-Guild C.I.O. longshoremen...

Author: /time Magazine | Title: The Press: Polite Strike | 7/27/1953 | See Source »

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