Word: outgo
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Dates: during 1920-1929
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...attempt to equalize the income and outgo of the various sports at Purdue University, the officials have arrived at the conclusion that minor sports must be sacrificed if the profits of football are to be kept intact. Problems of a similar nature have confronted various other institutions, but this is perhaps the first instance in which a solution of such a cold and calculating nature has been offered...
...Liberty bonds went above par and were not used in payment of foreign obligations for interest; the railroad securities heretofore acquired by the Government could be refunded at lower interest rates by the railroads and were, therefore, paid off or purchased, and instead of a net cash outgo in the railroad account there was a net cash income, making a difference of some $120,000,000 over the earlier estimate. The above, with some other minor items, gave a net increase of actual overestimated surplus...
...Every German bank is crowded with people trying to get money with which to do business. Huge crowds are jammed about the windows of every paying teller, waiting for hours to draw out money. And I believe that these windows are deliberately undermanned to slow up the outgo of specie...
...earnest effort to square the outgo with the income, the railroads are cutting expenses to the bone," continued Professor Cunningham. "Some of these cuts are real economies, such as those which come from increases in the efficiency of operating trains, stations, and yards. Others are not real--they are merely borrowing from the future. For example, the repair work on way structures and equipment has been radically curtailed. Locomotive and car shops have been partly or wholly closed, and programs for renewals of ties, rails and ballast have been reduced to a fraction of the requirements. Obviously this is deferred...
Professor Copeland said he believed that the chief need among the majority of the business men of the country today is a proper method of accounting for income and outgo, so that they may know at all times just where their business stands...