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...imaginary item after the Supreme Court's invalidation of AAA...

Author: /time Magazine | Title: FISCAL: The Figures Prove It | 1/13/1936 | See Source »

...year before Franklin Roosevelt also announced that the Government's revenues were in excess of its ordinary expenses. More conservative in his bookkeeping this year and with more revenue to count on for this kind of semi-budget balancing, he counted the cost of CCC and AAA as "ordinary" rather than "emergency" expenses-an indication that he had expected both these prime features of the New Deal to be continued indefinitely. Moreover construction of battleships, formerly charged in part to relief and recovery ("to make jobs"), now is to be counted as direct national defense. Many public works construction...

Author: /time Magazine | Title: FISCAL: The Figures Prove It | 1/13/1936 | See Source »

...important as we emerge from the Depression that no new activities be added to the Government unless provision is made for additional revenue to meet their cost." Taxes. Again the President announced: "No new or additional taxes are proposed." But the words were written before the Supreme Court declared AAA unconstitutional...

Author: /time Magazine | Title: FISCAL: The Figures Prove It | 1/13/1936 | See Source »

...AAA...

Author: /time Magazine | Title: FISCAL: The Figures Prove It | 1/13/1936 | See Source »

...goal in Wooster history. He grew up to be president of Massachusetts Institute of Technology, chairman of President Roosevelt's Science Advisory Board, a burning advocate of Federal aid to science. In St. Louis last week, as incoming president of the A. A. A. S., he decried the AAA (see p. 12), urged that new industrial uses be found for agricultural products...

Author: /time Magazine | Title: Science: Cosmic Clearance | 1/13/1936 | See Source »

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