Word: reductionism
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The object of thus organizing the 69th Congress several days before it comes into existence (and probably several months before it assembles) has to do with tax reduction. The caucus will choose the Republican majority members of the next Ways and Means Committee. There is a prospect now that Mr...
¶ In the fiscal year 1921, the Government spent $5,500,000,000. In the present fiscal year (1925) the expenditures are estimated as $3,534,000,000 ?a reduction of $1,966,000,000.
The reduction of Governmental expenditures, although always an end to be desired, cannot be carried on forever. With the growth of the country, the expenditures necessary for efficient government will rise not only in total but probably also per capita. When the time comes when expenditures can no longer be...
Finance Minister Signor de Stefani recently published a few facts and figures concerning Italian finances. Since July 1, the internal debt shows a reduction of 1,175,000,000 lire* and a reduction of 25,007,000,000 lire since the Fascist! seized power. The internal debt now stands at...
The settlement shows that both parties compromised on their original demands. Russia, in. that she consented to negotiate before recognition was accorded (the reverse method with Britain and France has been a failure as regards the first country, and is likely to be so as regards the second). Japan, in...