Word: budgeting
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Since there was no precedents to guide the new international organization, Sir Herbert, who came to his task from the Canadian Parliament, spent months organizing the budget and amounts which each of the 29 countries would be willing to pay toward the maintainance of the Secretariat which was then located in London...
...condonation he felt compelled to budget: "Of the 160,000 medical men in the United States, at least 80,000 have an annual income of $2,500 or considerably less. A doctor is allowed 400 prescriptions a year. At $3 apiece it is a terrific temptation for a man making $2,000 a year to have an opportunity to make $1,200 extra...
Rumors that Yale, unable to balance her current budget, would reduce faculty salaries and drastically curtail personnel have been denied by President Angell. This is good news not only to the Yale faculty, but to the faculties of many other universities, which escaping salary losses thus far, have feared the effect upon their own fortunes of a reduction policy initiated by some of the larger and wealthier institutions...
...fact remains, however, that Yale lacks a half million dollars of meeting expenses, and that a ten per cent budget cut will have to be imposed upon all departments of the university. Classes given every year will for a time be offered only in alternate years; small class sections will be combined to form larger ones: and the lower instructing staff will be slightly decreased. Thus, though the permanent faculty may escape, the burden will fall upon a few young instructors and upon the student body, which will be offered a less ambitious program of instruction...
...from 1929 to 1931, his drastic economies lifted Japan out of her first post-War depression and shoved the country back on the gold standard. He believed that Japan could have remained on the gold standard if the army and navy chiefs had accepted a drastic cut in their budget appropriations, and said so. Somebody bombed his home in February 1931. The Wakatsuki Cabinet to which he belonged was forced out of office eleven weeks after the invasion of Manchuria began...