Word: spending
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Dates: during 1930-1939
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Plan. Dr. Townsend proposes to pay every U. S. citizen over 60 (except habitual criminals) a pension of $200 per month, on condition that he or she retire from all gainful work, promise to spend the whole $200 within the month in the U. S. The money - about $20,000,000,000 per year - is to be raised by a Federal tax, how large or on what Dr. Townsend seems undecided. At first he proposed a 10% retail sales tax. As late as last week he was talking of a 2% tax on all financial transactions. But when...
...French Trappists began building their vast monastery in Kentucky, not far from Bardstown and its Cathedral. Professing his vows at La Grande Trappe where the Order (Reformed Cistercians) received its nickname, Father Obrecht early learned Trappist discipline-to sleep in his rough wool habit; arise at 2 a. m.; spend the day in devotions and hard work;* dig his own grave; speak during the day only to his superiors and during the "Great Silence" of the night, to no one at all. A friend of the last four Popes, he was sent to Gethsemane...
Naval officials, according to newspaper dispatches, are "obviously pleased" with their part of a $702,000,000 budget request submitted by the President yesterday for the army and navy in the coming year. They plan to spend $140,000,000 next year in the construction of twenty-four vessels of war--one aircraft carrier, two light cruisers, six submarines, three heavy destroyers, and twelve light destroyers. The new ships will bring the United States up to treaty strength in accordance with the Vinson Act passed by Congress in the former session...
...provide ample varied menus adapted as far as possible to the tastes and likes of the different groups which it is serving, and to serve this menu hot and in attractive fashion. The second aim is to do all of this at the minimum of expense, and not to spend more than the total of the receipts for board and meals...
...excuse. For the past few years the H.A.A. has had to cut down on its athletic equipment and curtail its policy of "athletics for all." It has received the full support of a student body which realizes the vicissitudes of all athletic establishments. But when the H.A.A, refuses to spend a few hundred dollars to furnish facilities for winter sports for more than two hundred men, the limits of retrenchment have been reached and passed. A more economical proposition could not be made...