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Word: budgeting (lookup in dictionary) (lookup stats)
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...operation with President Hoover, the Speaker could point to the overwhelming passage by the House of the Debt Moratorium, the Reconstruction Finance Corp., the Federal Land Banks' increased capitalization, the Glass-Steagall bill (see p.11). Democrats are hard at work upping taxes, cutting expenses to balance the budget. But when Republican politicians like Mr. Jahncke claim all the credit for these relief measures, Speaker Garner gets fighting mad. Warned he: "It's well enough to talk of a political truce but let me tell you that the kind of truce we intend is not that the Administration shall...

Author: /time Magazine | Title: National Affairs: Leadership & Credit | 3/7/1932 | See Source »

...Debated a bill appropriating $1.059,898,563 for the Treasury and Post Office Departments, a cut of $22,677,000 below the Hoover budget estimate. C. Passed (67-to-12) a bill by Maryland's Linthicum upping U. S. passport fees from $5 to $9; sent it to the Senate...

Author: /time Magazine | Title: THE CONGRESS: Work Done, Mar. 7, 1932 | 3/7/1932 | See Source »

...certain exemptions had to be whittled out and administrative provisions chopped in. But committeemen, Republicans and Democrats alike, were so enthusiastic about this imported levy, even in the rough, that they declared it was a "sure thing." The committee was faced with this fiscal problem: to balance the 1933 budget about $1,250,000.000 had to be raised by new taxes. Upping rates on estates and incomes, individual and corporate, to the 1924 level provided $450,000,000. Increased excise taxes recommended by the Treasury might bring in another $400,000,000. But there would still be left...

Author: /time Magazine | Title: TAXATION: Backlog from Canada | 3/7/1932 | See Source »

...ever been before (see p. 17), France is now rushing to discreet completion the most powerful and most adroitly concealed chain of fortresses ever constructed since the world began. In the next nine months alone the new Ministry of Defense will spend $600,000,000, according to budget estimates published last week. Secret, France's defense program is nevertheless known to consist of a series of fortresses, largely subterranean, strung like pearls along almost her entire land frontier from the English Channel to the Mediterranean. Subways connect large key forts with smaller posts so that men and munitions...

Author: /time Magazine | Title: FRANCE: Hornet & Pal | 3/7/1932 | See Source »

...wife (Dolores Costello) calls him "Winkie"; that he maintains a large aviary in which his favorite is an ugly vulture named Maloney. Once, when Ethel Barrymore was engaged to an English army officer named Graham, Finley Peter Dunne suggested a way for the couple to work out a budget: "Jack and Lionel will support them on the money that Ethel gives to Jack and Lionel." John Barrymore now has a yacht, the Infanta. His pennant is a king snake wearing a crown. Last week he was injured slightly in a motor accident...

Author: /time Magazine | Title: Cinema: Reunion in Hollywood | 3/7/1932 | See Source »

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