Word: budgeting
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...spite of the fact that the budget has had to be cut over 18 percent, the Council apparently sees no reason why it should not continue to expend a total of $140 this year for the postage and printing of balloting cards which experience has shown less than half the class respond to. Out of the 760 ballots sent out last year to members of the Class of 1933, only 372 were returned. If there were ever an appropriate moment to abolish such an outworn system, if only for economy's sake, it is the present. The Council has refused...
...Federal budget balanced with the aid of Prohibition repeal. "But I doubt if repeal would produce more than one-quarter of the stimulus to business which its advocates have asserted it would...
President Albert Lebrun of France was up most of the night, before the riot because the Cabinet of that stylish Paris Lawyer Maître Paul-Boncour was falling -on the issue of this year's budget which French Deputies have threshed with increasing futility for two weeks (TIME, Jan. 30). Final debate dragged through 22 hours. When famed Papa Henri Chéron, stubborn old Norman Finance Minister, demanded an "absolute [balanced] budget" at the cost of drastic tax uppings and salary slashes, he was met by arguments for what was called a "relative budget...
...some of Papa Chéron's most onerous taxes and economies. For a time the Cabinet seemed to have been saved. It won a vote of confidence 348 to 243. The Chamber voted 400 to 181 to sit all night and began to vote sections of the budget, voted 65 of the 150 sections. Suddenly up popped an item of 5% reduction in the pay of civil servants. Socialist objections touched off pandemonium. "My heart is torn," cried stringy-haired Socialist Blum, "but I am unable to vote with my friends!" In an incoherent scramble all sorts...
...Shrewd President Chase realized, earlier than many another, that it was time for retrenchment. From the State Legislature the University received $12,000,000 biennially. Although President Chase added a College of Fine & Applied Arts and a School of Physical Education, it was at no extra cost to the budget. He cut many a fiscal corner and last week the University had a cosy $2,500,000 to spare, more than half of which is car-marked for Illinois' medical school buildings in Chicago...