Word: reliefs
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Dates: during 1930-1939
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...glaring facts which forced a change of viewpoint were: 1) the stockmarket slump that had reduced paper values $25,000,000,000 in ten weeks; 2) growing fears of a major business recession. The results were: 1) an immediate move to give relief to Wall Street stock traders; 2) clear evidence that New Deal was giving thought to helping Business and Business was beginning to regret the bitter things it had said about New Deal spending. During the week, the Federal Reserve Board loosened margin requirements,, effective Nov. 1, thus carrying stocks through their steadiest week in two months...
...transmitting funds to Spain give strict account of their activities. Last week the Department announced that from May 1 to September 30 such agencies raised $548,765 in the U. S., spent $173,584 on administration and publicity, set aside reserves of $117,627 and sent to Spain for relief...
...remaining $422.30 went into the general funds of the Medical Bureau, which according to the report of a certified public accountant are expended as follows: 78.3 per cent for relief; 9.6 per cent for administration; 6.1 per cent for organization; 4.9 per cent for promotion and publicity; 1.1 per cent for assets and tours. Making a total of 21.7 per cent for purposes other than relief...
...consistent with that objective because of the high publicity value of the Harvard ambulance. It could be displayed to induce more people to contribute to send more ambulances to Spain. Even so the ambulance was shipped at the earliest possible date, indicating that it was used primarily for immediate relief, and only incidentally for publicity purposes...
Outgo. Total expenditures for fiscal 1938 are now estimated at $7,345,000.000, an increase of $89,000,000 over the original budget figure but $656,000,000 below fiscal 1937. Most conspicuous feature of the President's outgo schedule was that, although spending for Recovery & Relief has been slashed $1,139,000,000 from the previous fiscal year, other government spending continued to mount by nearly $500,000,000. As the President pointedly observed, a good part of this could be blamed on Congress...