Word: budgeting
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...imposed upon under the present arrangement. But in all its expenses except salaries Harvard is experiencing a decided reduction. Faculty salaries should naturally be the last items to suffer, but the general scale of living has gradually been lowered and as soon as Harvard can adjust its budget to the new conditions the benefits derived from the reduced expenses should be turned to the advantage of the student. A lowering of room rents now seems imminent; it will not be long before a decrease in food prices and other costs will be justified...
...official budget of the Student Council as announced last night by J. R. Collins '32, treasurer of the Council, lists contributions amounting to $2000 to be divided among six charity foundations. Phillips Brooks House will receive its usual quota of $4000, which is distributed to other charity organizations directly connected with Brooks House...
...General (Convention last September a missions budget of $4,225,000 was approved. Last month this budget was reduced by some $600,000. Missionary bishops both abroad and in the U. S. ruefully accepted a 10% reduction in their salaries. Salaries of all missionaries and office workers were also reduced. But still to be lopped off the budget was an additional $400,000 which will be a chief concern of extraordinary meetings of the House of Bishops and the National Council in Garden City, L. I. next month...
Cities. Chicago's teachers are desperate. They have received only two months' pay in cash since last April. They are tired of taking scrip, which is worth less than face value. Unless they receive money soon they may walk out. Even so, Chicago's budget troubles may force closing the schools at almost any moment this year...
...Cincinnati teachers are almost certain to get one. Teaching appointments are now on ''unemployment emergency" basis, which means that new teachers may not be appointed if there is already a wage-earner in the family. Schools in Detroit may be closed a month early if necessary to balance the budget...