Word: summing
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Dates: during 1930-1939
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Wrote Pundit Walter Lippmann of the New York Herald Tribune: "This sum [for pensions] has to be raised by a general sales tax. Retail sales this year have been about $30,000,000,000. So the Townsend Plan would have meant that for every dollar anyone spent in a store this year he would have had to pay an additional 70? tax. . . . Anyone can figure out for himself the minimum that the Townsend Plan would cost him; he has only to subtract about two-fifths from his expenditures...
...gave Franklin Roosevelt a mountain' of political prestige. Last week he used it all when he presented Congress with his 1936 budget. Without ostentation he dropped one pregnant sentence into his message: "I recommend that $4,000,000,000 be appropriated by the Congress in one sum, subject to allocation by the Executive principally for giving work to those unemployed on the relief rolls...
...President to ask his fellow citizens to give him such a sum for disposal as he saw fit was without precedent. To most citizens, however, it did not come as a shock. Most of them would undoubtedly prefer to trust him, rather than Congress, with $4,000,000,000. What made that one casually sensational sentence historic was that, if Congress gives the President what he wants, the centre of authority in the U. S. will shift far from the point where it has reposed for a century and a half. In the long range picture no other part...
...University contribution "is very meager if non-existent." You state "it is obvious that the entire annual income of the Buckley fund and the Cambridge Aid was not used." I agree if Cambridge Aid (allocated by the Administration from general funds for Cambridge students) amounts to any substantial sum. But if the source for the latter is the Buckley fund, the only ethical way out would be to abolish the term Cambridge Aid and identify all the money distributed with the Buckley fund or at least that proportion traceable to the latter. Thus, in brief, the question to be answered...
...misunderstanding has arisen since the Buckley Fund and Cambridge Aid, which have been listed separately in the catalogue, overlap each other. Each year a certain sum of money is alloted from the Buckley Fund to Cambridge Aid. Steps have been taken to show the relation clearly between the two grants; and the new scholarship catalogue bears them as the Cambridge Buckley fund and the Buckley Scholarships...