Word: budgeting
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Intensive budget-pruning again occupied most of President Hoover's week.. To the Press he proudly exhibited a handful of new cuttings he had snipped off the Government's colossal expenditure bush. He had reduced the cash requests of all departments by $350,000,000. "Every item has been cut," said he. This meant, he explained, that the 1933 Budget would go to Congress next month with a total of $280,000,000 more or less, below current expenditures of $3,960,000,000. Where this $280,000,000 saving would occur President Hoover did not specify...
...Budget cuts will not interfere with the buildiing of seven cruisers, one aircraft carrier, three submarines, five destroyers. Only the construction of six destroyers has been temporarily postponed. The U. S. has larger naval tonnage now under construction than any other power...
...clamor, as the Navy League's president, for speedy cruiser construction which would bring the U. S. fleet up to its authorized strength. A $767,000,000 Navy League building program was advanced. When President Hoover and Secretary Adams last month began to hack down the Navy's budget, Propagandist Gardiner cried out in pain and protest. The proposal by Italy's Dino Grandi for an all-round suspension of naval building for one year sent him into a statistical spasm...
...culled from the official journal of the League of Nations naval budget figures which indicated that while Great Britain was spending $242,850,711 on her navy, the U. S. was spending $553,378.505. Flaying the W. P. F.'s "confusing statistics haphazardly interpreted," Secretary Adams issued a long statement with tables and diagrams to show relative naval expenditures. The U. S. spent $375,291,828 on its Navy last year, he said, whereas "the British Empire" put out $349.927,670 which did not include naval aviation. He harped on the higher costs of naval construction...
Expenses in those days were considerably less than the current ones. The college then prescribed the following budget for the year: Tuition $26.00. Ordinary incidentals 2.40 Library fee 2.00 Room rent (per year) 6.00 Board 52.25 Wood, light, etc. 10.00 Estimated expenses...