Word: budgeting
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...time he chooses. It has been estimated that not more than 30% of the accepted candidates for the C. C. C. could have passed the Regular Army enlistment examination, therefore the higher qualified 70?-per-day soldier has been cut to 59½? per day so that the budget could be balanced, and the unqualified, out-of-job boy may be paid $1 per day for doing useless labor in the woods...
Other notables receiving degrees were Lewis William Douglas, director of the federal budget; Wilbur Lucius Cross, Governor of Connecticut; Harry Emerson Fosdick, pastor of Riverside Church, New York City; Louis Edward Kirstein, Boston philanthropist; Harlow Shapley, director of the Harvard Observatory; George David Birkhoff '05, Perkins Professor of Mathematics; Philip Hale, dramatic critic of the Boston Herald; Francis Welles Hunnewell '02, secretary to the Harvard Corporation; Joseph Rochomont Hamlen, president of the Harvard Alumni Bulletin...
There is nothing criminal in selling merchandise at cost or below cost. What merchant had not done so in the last five years? If J. P. Morgan & Co. want to put me on their preferred list for the extent of my budget (at Allegheny offering price of 20, about 1⅜ shares) they...
...wear out the opposition. Director of the Budget Douglas, anticipating adjournment, arrived at the Capitol to advise the President on signing last minute bills. The President waited at the White House-and waited and waited-for the Senate's bad temper to simmer down. At 10:30 p. m. Senator Robinson telephoned again, got the President's consent to a recess until Monday. Once the session went over into a new week, it became anybody's race...
...strings about self-liquidating projects and only his own conscience limits the President's giving power. To provide money the House passed a $3,459,480,908 deficiency appropriation bill-largest in U. S. peacetime history.* Loud were the Republican yells that this monster appropriation hopelessly unbalanced the budget. So it would have if President Roosevelt had met it out of ordinary treasury receipts. But he is to borrow the $3,300,000,000 from the U. S. public and put it aside in a special emergency budget. Though such borrowing may pile up the Public Debt...