Word: billion
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Dates: during 1930-1939
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...delivered to it a stirring Annual Message which made national defense the paramount purpose of the day. He followed his request for a major controversial item of expense-Relief-with a Budget Message which contained an uncontroversial new national defense figure-only $500,000,000 extra instead of the billion many observers had expected. This brought him to his first two problems...
Almost an anticlimax was the President's exposition of the alternative way, the Roosevelt-Eccles-Cohen way, of building up an 80-billion-dollar national income by continued Government spending. "We have learned," he said, "that it is unsafe to make abrupt reductions. . . . It is my conviction that down in their hearts the American public . . . wants this Congress to do whatever needs to be done to raise our national income to $80,000,000,000 a year...
...late as 1937 he talked of balancing the budget. Last week in his budget message, he talked only of letting the budget balance itself: in offering a nine billion dollar budget for fiscal 1940, he calculated that if the national income (now 60 billions) rises to 70 billions the Government's revenues will reach six billions; if the national income reaches 80 billions (as in 1929), revenues will reach eight billions; if the national income reaches 90 billions, revenues will reach 10.6 billions...
...passing star. Dr. Ross Gunn of the Naval Research Laboratory has worked out the dynamics of a new theory which he last week presented. He believes that the sun, like hundreds of "novae" (exploding stars) which astronomers have studied, lost its balance, figuratively speaking, some two or three billion years ago and blew up, hurling out planetary material before subsiding to its smaller and comparatively placid state of today...
Christendom has grown from a compact 500,000 souls in the 1st Century to a sprawling 682,400,000 today, of whom almost half (331,500,000) are Roman Catholics. In the world's population (nearly two billion) Christians are far outnumbered by non-Christians: Confucianists and Taoists (350,600,000), Hindus (230,000,000), Mohammedans (209,000,000), Buddhists (150,180,000). In teeming China, Christians are less than 1% of the population, in India about 2%, in Japan less than...