Word: surplus
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Dates: during 1920-1929
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...Corporation's explanation of its failure to use the present H. A. A. surplus for the completion of the new gymnasium is far from satisfactory. Foresighted as this laying-up of treasures for the future may appear to be, the neglect of the present athletic welfare of Harvard is not justified. Since the Cambridge climate makes it impossible for students to gain exercise outdoors during a large part of the academic year, this policy of the Corporation to sacrifice present welfare to a future reduction in the price of football tickets, or the complete abolition of extramural athletics is short...
...place of the more expensive alternate solutions of the Stadium problem may well bring up the question of what this money has been saved for. At the end of the fiscal year last June the Harvard Athletic Association had on hand a balance of $393,939.72. Estimates of surplus to be added to this figure this year are upwards of one hundred thousand dollars. From the total balance of approximately $520,000.00 will be subtracted the price of the steel stands, roughly $170,000, which leaves $350,000.00 still idly remaining in the H. A. A. treasury...
...obvious answer to the problem is that the present idle surplus of the H. A. A. be used in completing the gymnasium. What earthly objection there can be to such a plan it is hard to imagine. The H. A. A. itself is in favor of it but has so far been detained in carrying out its own wishes by pressure from the Corporation. The doings and deliberations of this body are always cloaked in obscurity and the motivation of its decisions not always apparent. In the present instance, the Corporation's reluctance to let the H. A. A. spend...
...Congress met last week, Senator Arthur Capper of Kansas, his face stamped with anxiety, visited the White House. To President Hoover he stated his problem: Kansas granaries bulged with 40,000,000 bushels of 1928 surplus wheat held for export. It hung over the incoming crop, an imminent incubus. It could not be moved to seaboard with a transportation loss to the producers of 8? per bushel-a freight rate advantage enjoyed by Canada and Argentina on the wheat for the world market. Said Senator Capper: "This wheat must be moved in the next three months, as July wheat will...
...Ford production. Last week, however, a dollars-and-cents answer was provided. From figures filed last week with the Massachusetts Commissioner of Corporations in Boston, it appeared that the new model bill was something more than $72,000,000. For, according to these figures, the Ford profit and loss surplus† had dwindled from $654,851,061 at the end of 1927 to a mere $582,629,563 at the end of 1928, thus indicating a year's loss of $72,221,498-not counting, of course, what Ford profits might have been if Model T could have been...