Word: budgeting
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...Coolidge would not accept his resignation, Herbert Clark Hoover had to change last week into the ruling party's actual, active heir presumptive. He clung to his secluded corner office in the Department of Commerce as long as possible, inspecting final reports, perfecting the next year's budget, bequeathing last orders to the large corps of minor executives whose number and loyalty had grown together since...
...Year's Day at the Treasury Department. Instead of making resolutions for the future, the Treasury custom is to review the past. Secretary Mellon issued his report on fiscal* 1928. Meantime, Brigadier-General Herbert Mayhew Lord, Director of the Budget, worked away at plans for fiscal 1929 preparatory to laying them before President Coolidge at Brule next month. Secretary Mellon began by talking about the biggest figures of all on the national ledger-the national debt. It had been reduced by $907,000,000, bringing it down to $17,604,000,000. The average rate of interest paid upon...
...Opposition felt safe. Pilsudski was sick. They knew that he had been too ill to receive the King of Afghanistan six weeks ago (TIME, May 14), and had lain abed ever since, some said paralyzed. Therefore the Polish Sejm (Parliament) rang with furious denunciations of the Cabinet's Budget Bill. This time there seemed no hope that it could be saved by a sudden, dramatic appearance of National Hero Pilsudski...
Then, with the budget about to be voted down, came, as in Polish fairy tales, the surprise. A door behind the Tribune of the Sejm flew open. Once more the frayed field uniform, the old sword, the drooping ferocious mustachios: PILSUDSKI...
Russia, shortly voted through the Budget. A second striking result of the Dictator's sudden abandonment of the role of "Possum" was the sending, last week, of three Polish light cruisers to anchor threateningly in the port of the famed Free City of Danzig. Polish cargo ships, it was alleged, have recently been denied adequate anchorage and docking facilities by Danzigers...