Word: deficit
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Dates: during 1920-1929
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...message of Calvin Coolidge to the U. S. Congress proved to be a brief and unmomentous document. It began, of course, on Peace and Prosperity. It announced that, thanks to prudent budget pruning, the Treasury might have a surplus of 37 millions this year instead of the 94-million deficit rumored before the election. Let Congress beware of the "unthinkable disgrace" of unbalancing the budget between now and June 30, it said...
...Princess-Mother-of-a-King, Peasant Maniu revealed a truly staggering state of affairs. He declared that upon coming into power, last fortnight, he found in the Royal Treasury a cash balance of exactly three lei (one and four-fifths of a cent). He found a national deficit of nine billion lei ($54,000,000) ; and that advances already made to the State by the National Bank of Rumania greatly exceeded the legal limit. In short, the new Prime Minister charged his predecessors with every sort of gross malfeasance. They had kept on the State payroll, he said, hundreds...
Childs Co. (reluctant meat-servers): $289,326 (deficit), as against $125,801 (profit...
Madison Square Garden Corp. (prizefights, campaign speeches): $308,448 (deficit), as against $52,848 (profit...
...statement in TIME, Oct. 29, that the G. O. P. negotiated loans of $600,000 and $167,000 to finance its 1920 deficit, contained a typographical error. The figures should have been...