Word: surpluses
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Dates: during 1920-1929
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Candidate Hoover discussed husbandry and its problems in his closing campaign speech, at St. Louis. President Hoover recommended to Congress a farm relief plan, consisting of tariff revisions and the creation of a Federal Farm Board with "adequate working capital" to reorganize marketing, to assist co-operatives handle surplus crops. Later, he opposed the export debenture plan produced by the Senate, whereby exporters of farm produce would receive a bounty equal to one-half the tariff rate on the same commodity (TIME, April...
...particular interest are the estimates on Surplus and Deficit?figures much mouthed in Congress and on the political stump. Whether the Treasury estimates are accurate or not is highly debatable. Secretary Mellon can quickly prove that Mr. McCoy's errors as a fiscal forecaster are negligible. At the Capitol, the Treasury's actuary can be and often is made out a worthless prophet. But there is no disputing this fact about Mr. McCoy: if and when his estimates err, it is on the cautious side?over for Deficit, under for Surplus. Perhaps his merry mien is due in some measure...
...campaign as an argument by Republicans against a change in administration, by Democrats as a sign of bad stewardship. By October, President Coolidge foresaw an even break between receipts and expenditures. By December, when President Coolidge sent his budget to Congress, he had discovered a timorous little surplus of 37 millions peeping up at him. By March it had risen to 50 millions. Last week Mr. McCoy, anonymously, of course, revised his figures and forecast a surplus of 100 millions on June...
...situation in regard to the H. A. A. surplus has not been much clarified by the recent statement from University Hall that the Corporation has "no intention of acquiring a ten million dollar endowment fund for the support of athletics." Out of a host of possibilities one is withdrawn. The present surplus may be allowed to accumulate to an indefinite size and for no purpose at all as far as one can tell from the Delphic utterance of the authorities...
...tickets would enable more students to see athletics, but the gymnasium would make it possible for more men to engage in them, certainly a sounder point of view when seen in the light of established University theory and practice. Perhaps the crowning argument for this use of the present surplus is the fact that the authorities of the H. A. A. who have been in daily contact with the University's athletic problems for many years are heartily in favor of it. Since the Corporation is not technically qualified and is forced to get all its information on the problem...