Word: surpluses
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Dates: during 1920-1929
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When the Federal Government balances its books for the fiscal year 1926-27 (ending June 30), it will have a surplus of $599,000,000. So said President Coolidge last week, addressing Federal bureau heads in the semi-annual budget meeting. The President also predicted a 1927-28 surplus of $338,000,000. Feeling that the present surplus "is of doubtful value" as a guide to the future, the President gave warning that tax reduction should not be based on the returns of one year alone, also exhorted his hearers to continue the practice of economy. "Extravagance," said...
Observers agreed that the surplus would result in tax reduction at the next congressional session. Some predicted a reduction of $200,000,000; others of $300,000,000; still others of $400,000,000, with the $300,000,000 figure being most widely held...
...roosted, last week, Mrs. Kelly passed up to him bottles of milk, broth, coffee-but no solid food. Any surplus he poured down a pipe running alongside the flagpole. He smoked, per day, approximately four packages of cigarets. Cheery, he called down to reporters: "After 48 hours of this you don't mind anything...
...competitions of each University and places them of late, under paid coaches. The British public has come to manifest some interest in the contests and the most spectacular matches are played where the best crowds can be drawn. Rugby football, moreover, as the most popular sport, has frequently accumulated surplus funds which have been distributed, as with football in America, to nourish less fortunate games. In each college, there is a central control for athletics, and attempts have been made in the universities as a whole to combine all athletic activities in one organization...
...Senator Pat Harrison of Mississippi pointed to the "surplus of $600,000,000" in the U. S. Treasury, said the country was rich enough to control floods...