Word: budgeting
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Snip-snip-snip-snip. Herbert Hoover was cutting up into paragraphs a rough draft of a campaign speech. His scissors made the only sound in the quiet of the Lincoln Study. Over a large table he spread out his cuttings. He picked up a paragraph on balancing the Budget and a paragraph on Democratic extravagance, pinned them together. Likewise joined were paragraphs on New Zealand butter and tariff protection, on Democratic campaign tactics and a newspaper clipping of 50 years ago. Thus the separate paragraphs were being woven together into an oratorical tapestry when an aide knocked on the study...
John Jacob Raskob proposed ways to bring back prosperity: i) Repeal the 18th Amendment: 2) tax beer; 3) apply a 1½% general Sales Tax; 4) balance the Budget. Through Indiana Josephus Daniels cheered for his onetime subordinate in the Navy Department, at Frankfort, Elkhart, Wabash. Muncie. Philadelphians were begged by Boston's Mayor James Michael Curley to contrast the records of Hoover and Roosevelt. A "gold brick standard'' was what the Republican Administration was on, in the words of Col. Henry Breckinridge in Richmond. Va. Up & down the Pacific Coast trooped Nebraska's Senator George...
...these Federal securities, they were guilty of amazing dishonesty: they were cheating the investing public." Relief? The Democrats forced the Administration to act by bringing forth the Wagner bill. Economy? Congress cut $334,000,000 from the President's own estimates over the loud protests of his Cabinet. Budget? It is still unbalanced despite the President's "breathless rush to the Capitol to get publicity." Bonus? It was specifically voted down at the Democratic national convention. The Garner "loans-to-all" bill? President Hoover wanted to authorize R. F. C. loans to private industries and named an automobile...
...deficit grew so did the prospect that more tax-upping will shortly be in order if the Budget is ever to be balanced. The 1932 Revenue Act, based on Treasury estimates and whipped through Congress amid great excitement, has so far failed to do the trick. Last week's best guess was that the Sales Tax would be resurrected in December...
...wife of Lawyer Jacob Gilbert, mother of two boys and a girl. Bryn Mawr graduated her in 1915. Last week she appeared before 400 women, including Mrs. Franklin Delano Roosevelt, at Manhattan's Pan-Hellenic Hotel and in a soft voice flayed President Hoover for not balancing the Budget, for cutting taxes for "party purposes" at the beginning of the Depression. From her father's famed dissenting opinion in the Oklahoma ice case (TIME, April 4), she quoted...