Federal deficit second largest during peace time in 1933
The 1933 federal fiscal year closed with a deficit of about 1.75 billion dollars, the second largest peace time shortfall on record. Expenditures totaled around 3.95 billion while receipts from taxes and other sources reached 2.2 billion, forcing public borrowing to push the national debt to 22.5 billion. If the Reconstruction Finance Corporation advances were included, the deficit would rise to about 3 billion. Receipts grew late in the year due to rising business activity and beer sales.
MENTIONED IN THIS ARTICLE
Washington
United States
R. F.C
Reconstruction Finance Corporation
Government to Trim Payroll and Benefits in New Fiscal Year
Washington outlines a leaner federal budget as the 1934 year begins with anticipated regular expenditures near 2.75 billion dollars and bond funded relief programs adding to the public debt. payroll reductions hit civilian workers and veterans benefits fall by more than 300 million amid a broader 25 percent cut in non-emergency spending.
MENTIONED IN THIS ARTICLE
Washington
Uncle Sam
Chen
Hanarede
Minnesota Floats Farm Loan Bonds
Eight million dollars in bonds of the rural credits bureau of Minnesota were executed and turned over to W H Lamson of St Paul, secretary of the state board of investments. Attorney General Harry H Peterson said the bonds would likely be sold to Behr and company of Des Moines. A court action in St Paul seeks to block issuance claiming lack of authority, while the funds will repay maturing rural credits and state bonds.
MENTIONED IN THIS ARTICLE
Chicago
Rural Credits Bureau of
Minnesota
W. H. Lamson
St. Paul
State Board of Investments
Harry H. Peterson
Behr and Company
Des Moines
Peterson
Rural Creditors Board
Rural Credits Bureau
Petersen
Expected Arrests In Stolen Securities Ring
San Diego police say two members of an international ring are to be arrested. A Brooklyn man identified as Charles Gilsten, 33, was found with 28000 in stolen stocks. The loot ties to 75000 worth stolen in May from a Bankers Trust messenger. Keys linked to two New York safety deposit boxes were sent there for search.
MENTIONED IN THIS ARTICLE
San Diego
Calif
INS
Harry J. Raymond
Charles Gilsten
Brooklyn
N. Y
Gilsten
Raymond
New York
Bankers Trust Company
Gilston
Four Flyers Leave From New York to Find Mattern in Alaska
Four New Yorkers departed Floyd Bennett airfield in a Bellanca monoplane to search the Alaskan wastes for Jimmy Mattern the round the world flyer who has been missing for nearly a month.
MENTIONED IN THIS ARTICLE
New York
INS
Floyd Bennett Airport
Jimmy Mattern
Missing flyer Mattern linked to rescue crew voyage
Mattern last seen crossing the Bering Sea as a rescue plane led by William Alexander of Brooklyn with Fred Fetterman Harold Person and Thomas G Abbey. Person and Abbey remain at Nome Alaska while the plane heads for Dayton Ohio for equipment before Chicago to examine maps for the intended course. The text also notes American Legion Auxiliary meeting at Mrs Dale Rowley’s Central City home with Mrs Dayton Lininger and delegates chosen for a Sioux City convention.
MENTIONED IN THIS ARTICLE
Mattern
Bering Sea
William Alexander
Brooklyn
Fred Fetterman
Harold Person
Thomas G. Abbey
Person
Abbey
Nome
Alaska
Dayton
Chicago
American Legion Auxiliary
Dale Rowley
Central City
Dayton Lininger
Marion
Ralph Drexler
Sioux City
McMeel
A N Watson Emerges Involved In Pond Trade
An A N Watson item appears in a pond trade notice with partial details. The readable text references a transaction or sale involving a pond enclosure and related assets, indicating a formal process or notice in the local paper.
Also Mentioned on This Page
Vita Wheat
Barker
Hoople
Aker
Wouse
THE
Hooples
Jakes
Hawaii
National Biscuit Company
Uneeda Bakers
Buehler Bros
First St. SE
Big Boy Pork and Beans
Second Ave
FOOD
Ist St. SE
Krai
Japan
Thompson’s
1St St. NE
Dial
Bologna
Sal
Os Lores
van Camp
Pillsburys
Sunnyfield
LUX
Queen Olives
Heinz
Prince Albert Tobacco
Wheaties
Bisquick
C. & H. Cane
Amer
Brick, Manta
Pag
Gare
lSe
the Great Atlantic & Pacific Tea Co
A. N. Watson
Taylors
Jamaica
Capswell Coffee
Bliss
Monarch
Sanka Coffee
Ade
Third Avenue SW
Farina
Panca&te
Fey
Sunmaid
Raisir
Robb Ross
C. R. Sony
Vals
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