Word: budgeting
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Nearly all these "reforms" (except the loan) were urged last spring by former Agent General for Reparations Seymour Parker Gilbert, No. 1 Rutgers alumnus, no iron man (TIME, June 23). Last week as Chancellor Brüning banged his budget into shape he paused only once to jangle out an angry statement that the German Cabinet certainly did not approve what was being said in New York by Germany's cast-iron Dr. Hjalmar Schacht...
...Student Council has not yet made up its budget for this year, but it will be almost the same as the one for last year. Of last year's fund, approximately $3,000 was given to charities, $300 was allotted to each class in the College for smokers, dances, receptions, and general expenses, Phillips Brooks House received $4,000, a loan of $1,000 was made to the Senior Album which was repaid later $700 was kept for overhead and running expenses, and the rest went into the reserve...
...Budget System...
...last change in salaries, when the maximum for a full professor was established as $10,000, came in 1920, when the increase was given "in view of the rise in the cost of living." The new scale was made possible by adjustments worked out under the University's budget system, according to yesterday's official announcement...
...tonight's meeting Henry Chalfant Jr. '31, treasurer of the Council, will report on the status thus far of the Budget pledges; W. B. Wood Jr. '32, Chairman of the Student Council Committee on Freshman Affairs and M. W. Stearns '31, Chairman of the Advisory Committee, will report...