Word: scheme
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Dates: during 1930-1939
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Flaunting an impressive sheaf of endorsements by high government officials, the Committee for Latin-American scholarships has returned to the limelight. Since Secretary of State Hull has labeled its scheme "a great idea" and promised "the full cooperation of the State Department," Harvard must recognize the group's serious intent--therefore proceed to an objective consideration of the plan...
...Jimmy Walker's henchmen and now installed in Washington with the backing of Frank R. Fageol, president of Twin Coach Co. (a bus manufacturer), suggested to Federal Coordinator of Transportation Joseph Eastman that railroad fares be "postalized." Fortnight ago Mr. Hastings popped up again with his scheme, took a full-page advertisement in the New York Times to propound it. Under "postalization," the U. S. would be divided into nine zones, and for each of five types of passenger service the same rate would be charged for travel anywhere within a given zone. Examples : New York to Albany...
...recommendation that all American ministers of finance meet annually to study inter-American financial and economic problems, where a scheme to reduce the dependency of many American nations on the business of European dictator States may be worked...
...Bill. Before that he had confined his blue pencil to Government expenses for publicity, such frills as an expense account turned in by the President's ten-man junket to study European marketing co operatives. More recently Mr. Elliott refused to O. K. expenditures for AAA's scheme to pay growers $10 a bale for cotton surrendered for loans, termed a Navy contract with Cleveland's Wellman Engineering Co. "illegal," watched complacently from the sidelines as three of his accountants last November filled the TV A investigating committee with unflattering accounts of TVA accounting practices...
...flaw critics have pointed out in the Act is its scheme for a full reserve for old-age insurance to be built up during a long period while revenues from taxes on employers and employes exceed disbursements. By 1980 this vast coalbin is scheduled to hold a reserve of $47,000,000,000. The effect of locking up $47,000,000,000 of public purchasing power would be highly deflationary. Actually, the money is not being locked up but lent to the Government. This means that by 1980 the Government will owe the Social Security Reserve 21% more than...