Word: budgeting
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...Charles Gates Dawes for profane vehemence originated with this testimony of his, given Feb. 2, 1921 as the A. E. F.'s Chief of Procurement to a Congressional committee investigating War expenditures. A few months later this reputation further expanded when Mr. Dawes, as first Director of the Budget, gave an audience of Federal bureaucrats a literal demonstration of how to economize on brooms. On March 4, 1925 when he was being sworn in as Vice President the violence of Mr. Dawes's castigation of the Senate and its time-wasting rules completely stole the inaugural show from...
Below on the oblong floor of the House, which is a great Gothic box, crisp English primroses bloomed in the buttonholes of scores of M. P.s, for Budget Day had happened to fall on "Primrose Day."** On the Government front bench sat snowy-crested Scot MacDonald between the Empire's two biggest bumblers, Stanley Baldwin, Lord President of the Council, and James Henry ("Jim") Thomas, Secretary of State for the Dominions. Exactly at 3:30 p. m. Chancellor Chamberlain rose, ruffled his notes, took a stiff stance beside the red leather despatch box and, before he began to make...
...Chamberlain took his time, began with a tribute to his famed predecessor Viscount Snowden of Ickornshaw, a choleric Free Trader who attacks the present Chancellor's tariff policies on any & every occasion. With the Olympian condescension of a Chamberlain, the new Chancellor declared last week: "Lord Snowden's last budget is a model example of secure but sound and sane finance. We are now £9,000,000 better off than Lord Snowden anticipated...
...respect Chancellor Snowden erred conspicuously last year, overestimated by £18,000,000 the revenue from estate duties. To this error (resulting from the fact that an unusually small number of rich men died during the year) Chancellor Chamberlain alluded by making the only joke in his budget speech. "I am reminded," said he stroking his mustache, "of that story concerning the Peninsular War, the story of the General who saw his troops hesitate to charge and encouraged them by exclaiming, 'You don't want to live forever...
...finally cancel both Reparations and War Debts?thus leaving the U. S. taxpayer holding the entire bag. "After the deliberations at Lausanne," said Mr. Chamberlain, "I shall submit to Parliament whatever proposals may be necessary to give effect to the measures we have agreed to." He presented in his budget no figure for such payments, either by Britain to the U. S. or to Britain from the Continent. "The best course is to refrain from all conjectures," said he, "and treat the account on both sides as being in suspense." By this technique Neville Chamberlain balanced his "maiden budget...