Word: pay
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Dates: during 1940-1949
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...week's end Whitman totted up the results of the crusade. They had sold over 3,000 tickets, almost wiped out their season deficit. The team had won its game with Eastern Oregon 48 to 20. And the Walla Walla alumni had promised to raise enough money to pay half scholarships ($175) for 20 athletes a year...
...fiscal policy, Secretary of the Treasury John Wesley Snyder. Said he: "The general economic welfare of the country should be the guiding principle in determining . . . whether the federal budget should be balanced." What he meant was that the U.S. should run a deficit in depression times and pay it off in good times-in other words, balance the budget over a period of years. But if this was the policy, why was the U.S. running a deficit now? John Snyder's answer was at least partly political. The root of the trouble he said...
...prosperous and rich that we can violate the rules for a time "and get away with it," warned W. Randolph Burgess, executive committee chairman of Manhattan's National City Bank. "But economic laws have a way of working out, and eventually we will have to pay the penalty." For the Government's deficit spending, U.S. citizens may have to start paying the penalty in higher prices in short order. Warned he: the U.S. may be in for another round of inflation...
...figures seemed to show. Of 1948's loss on passenger business, fully two-thirds-$373 million-was incurred by hauling mail, express and baggage cars, rather than passengers. Many railroaders think that baggage cars-holdovers from the days when most travelers carried trunks-should be abolished, and mail pay increased. The railroads got only $26 million last year for carrying 95% of U.S. non-local first-class mail, while the airlines got $46 million for the remaining...
...Stafford Cripps, who thought the British government had devalued the pound to rock bottom, brushed off the cheap pounds as insignificant. But exporters estimated that $60 million a year are being lost by Britain by use of the cheap pounds to pay for British exports. Britain had hoped to plug such leaks when she devalued in the first place...