Word: spendings
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Dates: during 1920-1929
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...uses, it has furnished much extra revenue, for collectors often buy a new issue of-stamps as they come off the plates, and thus present the Government with so much gift-money. And when "errors" occur such as an inverted head, or an omitted numeral, enthusiasts are willing to spend a fortune to obtain the curiosity. Such a stamp, with the picture of an aeroplane upside down in a 24 cent frame, has been valued at 1000 dollars per copy...
Just last week China applied for another vast loan ($15,000,000). If the American Government, as well as London and Paris, recommends that the banks float the loan, it must find some power in China which might be trusted to spend the money on something besides " civil...
...still the subject of discussion in Washington. According to reports: the President favors it; the Navy Department looks askance; the Attorney-General is preparing an opinion; it is not legal; there are no funds for it in the Treasury Department (which enforces the Volstead law); it is illegal to spend Navy funds for the purpose; the Navy has no funds; there is an emergency fund which might be used. In brief: nothing is yet done...
Secretary Denby announced that the Navy Department would not spend a $6,500,000 appropriation by the last Congress, because the money was obtained through unintentionally false statements. The appropriation was made to increase the firing angle of the main batteries of several of our battleships, in order to increase their range. It was reported that the British Navy had taken similar action. This information later proved to be incorrect...
...comic accident stranded him in Washington in 1912. At first he thought it a very dead town indeed, but his discovery of the Government caused him to change his mind. There was opportunity there. The Government, he saw, had oceans of money to spend, and, being a Government, it was a good deal easier to take money away from it than from any sort of private business, if you were clever and tactful. He decided he must have his finger in that golden...