Word: surplus
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Dates: during 1920-1929
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When Governor Byrd took over the State in 1926, there was a deficit of $1,368,000. This became a surplus of $2,596.181. Governor Elbert Lee Trinkle (1922-26) had opened the way for a gasoline tax, and for reorganization of the governmental machinery. So vigorously has Governor Byrd carried on these beginnings that a contemplated bond issue has been avoided and Virginia has been said to have a "Mussolini." In supporting the Smith candidacy against the assault of Bishop James Cannon Jr. and Virginia's dry bourgeoisie, he has demanded a vote of confidence in the Byrd record...
...agricultural problem can best be remedied by the government by setting up some machinery for the control of the surplus during a year when the farmers produce an exceptional crop. This could be let out in the lean years and the price of agricultural commodities stabilized. The government should establish some such machinery as that by which Brazil controls the coffee grown there...
...delivered, is only about 15,000 tons. Spice traders (pepper is the most important of their 108 spices), trading in spot pepper and futures, are short when the time of delivery arrives. They must get pepper at any price to fulfill contracts. They must draw from the surplus Alleppy and Tellicherry in India and in England, and pay dearly. Prices rise. From a normal price of 12?-a pound, pepper quotations have risen to 43?. Brokers prophesied last week that a high of 40? would be touched before the December crop of Alleppy and Tellicherry is shipped in February...
Comptroller of the Treasury Joseph Wallace Mclntosh has only recently approved the creation of this bank. It has only temporary offices in Wall Street. But it actually has $14,000,000 of paid in capital and surplus, more money than any bank ever started with.* And it has Mr. Howell as its senior executive. Thirty years ago he was one of Carnegie's bright young men-with Charles Michael Schwab, Henry Clay Frick and others who became millionaires. Mr. Howell was head of the Carnegie Steel Co.'s credit department. Later he became a vice president...
Bank. The Commercial National Bank & Trust Co. began organization work in Manhattan with $14,000,000 capital & surplus, greatest initial resources of any bank...