Word: budgeting
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...party's convention, Mr. Coolidge summoned the business organization of the government, sang the swansong of a prudent housekeeper. Something less than a paean, his main theme was in a major key: "I have rejoiced in keeping down the budget. Since July 1, 1921, debt reduction amounts to $6,327,000,000 ... a saving in interest of $950,000,000. . . . The tide of the good fortune . . . seems not yet to have reached its flood. We take pride in our unparalleled prosperity. In July, 1921, more than 5,700,000 people were without work . . . at the present time the number...
...rainbow: high altitude, cool nights, few flies, commodious quarters, beautiful trees, abundant game, and trout-500,000 of them, stocked, bred, liver-fed for 30 years -brook trout, lake trout, steelhead trout -yes, even rainbow trout. President Coolidge announced his decision abruptly; said he would hold the Budget meeting early, on June 11 and leave immediately afterwards for Brule, Wis., for Cedar Island Lodge and cool woods, seclusion, trout. Summer White House Inspector Starling sped back to Wisconsin to put all in readiness...
President Coolidge said he would be in Washington on the convention's eve, June n, for the annual meeting of the Budget Bureau. As soon thereafter as possible he said, he would leave for Brule, Wis. (see p. 7). Commentators commented on the President's timing of the Budget meeting, when he will certainly insert his finger one last, perhaps decisive time into his Party's pie, employing the impressive gesture of a speech about U. S. finances in the most recent year of his Administration. Last week he remained no more and no less a candidate...
...banking and excelled at that (U. S. Comptroller of Currency, 1897-1902; founder and head of the Central Union Trust Co.; urged by Andrew Mellon in 1920 for Secretary of the Treasury). He did the War purchasing for his boyhood friend, General Pershing; then straightened out the Federal Budget system; then devised the plan for Germany's reparations and shared (with Sir Austen Chamberlain) a Nobel Peace Prize...
...which was surprising in view of the lesions Congress had caused in the Administration's program. Congress had far overshot the Coolidge ideas on farm-relief and flood control; overcut the Mellon idea of tax reduction; left stranded the Wilbur "Big Navy"; appropriated some 500 millions beyond the Budget; retained Muscle Shoals instead of disposing of it as Mr. Coolidge urged...