Word: stewardship
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Dates: during 1930-1939
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Lion's Budget. More of a buzzard than a lion in face and figure, the Rt. Hon. Neville Chamberlain, is nonetheless the lion of Britain's general election. With his famed "balanced budget" now a symbol of the National Government's successful stewardship, the beak-nosed and scrawny Chancellor of the Exchequer spoke last week as a complacent treasurer who expects soon to float a $1,000,000,000 British rearmament loan without so much as flurrying the market. "There is not a single small country in Europe," Mr. Chamberlain declared, "which did not breathe a sigh...
Last week when Norman C. Norman turned up at the Electric Bond & Share stockholders' meeting, it was obvious there would be more news than just a reading of the annual report. Nothing happened until after Chairman Clarence Edward Groesbeck had given an accounting of his 1935 stewardship. Then Stockholder Herbert Claiborne Pell proposed that the corporation make no effort to influence public opinion against the Public Utility Act of 1935. Stockholder Pell, onetime (1921-26) Democratic State Chairman for New York and onetime (1919-21) U. S. Representative, argued that the more the company protested against Government interference...
...Empire stewardship has now been in Conservative Party hands for nearly five years. One year ago the No. 1 steward, Chancellor of the Exchequer Neville Chamberlain, closed his annual budget with a triumphant surplus of ?31,148,000 (then $159.477,760), and reduced the basic British income tax rate from five shillings on the pound (25%) to four shillings sixpence (20%). Said hawk-nosed Mr. Chamberlain dryly, "I think the nation has finished the story of Bleak House and can begin that of Great Expectations...
...frankness," he orated, "this ace of American cities is not giving a good account of its stewardship as the pacesetter of business enterprise. Those whom I have been meeting recently in other sections of the country are unanimous in declaring that New York is the bluest spot in the country with respect to business morale. . . . And when New York is blue, every other section of the country is confused and confounded...
Parliament convenes at Ottawa on Jan. 17. and Premier Bennett last week was obviously making a supreme effort to undercut radical criticism of his steady stewardship by out-pinking the pinks before they get a chance to shout at his Government Bench. Canadian wiseacres, though admitting that Conservative Bennett had turned his coat with fair dexterity and vast vigor, opined that "Depression cooked Bennett's goose and he can't uncook it now." On the other hand Canada has been on the upgrade for at least a year. Exports are up 25%, from 1933, and by next August...