Word: budgeting
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...finances were an Empire scandal. Commonwealth bonds were on the verge of interest default. Joe Lyons, who had only recently emerged from the political wilds of Tasmania, formed a Cabinet and pulled in his belt. Things looked better last year, and last week he had real news. Reading his budget speech before the House of Representatives, he announced that the Commonwealth had, instead of an estimated deficit of ?1,302,000, a surplus...
This money will not lie long in the treasury. The stiff income taxes that were necessary to balance the budget will be reduced immediately. Tariffs on Empire goods will come down, old age pensions will be upped two shillings sixpence a week, and the Government will end the year with the million-pound deficit they were ready...
China's militarists last week again had China's bankers on the run. The famed budget of Finance Minister Dr. T. V. Soong-a Chinese marvel because it balanced last year for the first time in the history of the Republic (TIME. Jan. 2)- teetered as the Government admitted a $10,000,000 current deficit and Generalissimo Chiang Kai-shek demanded of his brother-in-law, Dr. Soong, an additional $18,000,000 to pay his troops...
...York's school system are 1,113,000 day pupils, taught by 36,000 teachers. The Board of Education's budget,, currently some $130,000,000, is the city's biggest. School sites, buildings and equipment are valued at some $500,000,000. A New York child may go to school without spending any money at all: teachers and other educational employes, with some help from the city, maintain a lunch fund which amounts to some $1,500,000 annually. When Jewish holidays fall on school days, the schools lose $500,000 annually, New York State...
...Business School persists in its paternalistic attitude towards the garage proprietors of Harvard Square, then here is an idea which might solve the overnight parking problem and help balance the H.A.A. budget as well...