Word: deficit
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Dates: during 1920-1929
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...government-controlled Canadian National, has 22,000 miles of line, but Canadian National's mileage is perhaps too great for its own good and only the rare vigor and ability of U. S.-born Henry Worth Thornton (TIME, Jan. 28) has lifted Canadian National out of the annual deficit class. No deficit problem has Canadian Pacific. In 1928 it showed a net operating income of over $51,000,000 and net earnings of over $48,000,000. Its common stock earned $15 a share. Canadian Pacific has a 1929 high of 267⅞, is thus selling...
Last October-just before the election-President Coolidge announced that he was troubled by the prospect of a deficit next June 30. He could see only the "narrowest margin between revenue and expenditures." An air of anxiety, if not gloom, was thus cast over the Treasury-in voters' minds. The conservative conclusion could only be: If a deficit threatens, let us not change horses, i.e., political party control, in midstream. The President's announcement was also used as a fiscal hackamore to make Congress stand hitched...
...Manhattan Building met last week the Executive Committee of Tammany Hall to discuss such routine things as a contribution to national Democratic deficit. Finally Secretary Eagan asked the chairman for permission to read a letter. He read: "Because of ill health and on advice of physicians I resign as leader of Tammany Hall. George W. [Washington] Olvany." Silence. Looks. Leader Olvany, present, said nothing.* Followed then days of consternation, for a New York mayoralty contest looms. Nearly every district leader hoped for the succession. Meanwhile to Surrogate James A. Foley everyone, including Alfred E. Smith and James J. Walter looked...
Reports state that other Democratic leaders are also adopting the hurdy-gurdy hobby: and when the Democratic campaign deficit is considered, a solution presents itself. New York is notable for huge parades at the slightest provocation. Lead by bands of leaders grinding out from hurdy-gurdies the strains of "Sidewalks of New York", a Democratic parade might certainly bestir sympathetic bystanders to sacrifice their pocket change. Such a method might overcome any financial difficulties of the party and insure Democratic forcasts for 1932, which are now overdue...
Musical Boston has been feeling itself hard put to preserve its reputation. A symphony orchestra is the greatest of luxuries. Its existence depends always on the beneficence of a patron or a group of patrons. Again, last week, the Boston Symphony felt sorely its annual deficit complaint, and printed in the program books a plea for funds. The Boston Symphony's prospective deficit this year is $134,000 as against $87,000 last year...