Word: budgeting
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...miscalculate two items: 1) the parley's long-windedness; 2) the high cost of official London life. In six weeks he and his six colleagues and their assistants had spent all of the $200,000 Congress had given them for their mission. Official explanation by Director of the Budget Roop: "Expenses have been greater than anticipated. Moreover an unforeseen delay [due to French troubles] has occurred...
...could look behind the scenes in London I think you would find that the vital fact is not so much the technical problem of cruisers and submarines as the pressure of big industries on the governments. Since armaments still form 25 percent of our government budget the steel industry, remembering what the disarming of Germany did to the Krupp works, is still strong for a big navy...
Said the Newton statement: ''The Director of the Budget has prepared a survey of the various projects which have been presented to Congress which will involve additional expenditure. . . . The amounts below are a summary of these projects [here follows a list of 24 items totalling $1,735,000,000]. Such a program would imply an increase in taxes of 40%. Other projects, not regarded as imminent, would impose a further expenditure of fully $1,500,000,000 per annum...
Foreign Affairs: Aristide Briand* Justice: Raoul Peret* Finance: Paul Reynaud* Budget: Louis Germain-Martin * War: Andre Maginot* Marine: J. L. Dumesnil* Merchant Marine: Louis Rollin* Air: Laurent Eynac* Public Instruction: Pierre Marraud* Public Works: Georges Pernot* Commerce: Pierre Etienne Flandin* Agriculture: Fernand David* Colonies: François Pietri* Telegraphs: Andre Mallarme* Labor: Pierre Laval* Pensions: Champetier de Ribes...
...rubber stampings at $10 each give the British Treasury an extra $1,000,000 every year. Rather than lose this, Chancellor of the Exchequer Philip Snowden, now in the agony of bringing forth a budget which will balance despite an increase in the "dole" paid to British can't-works and won't-works, insisted stubbornly that the "nuisance" be continued, even against the ultimate interests of the Empire...