record deficit spending, new social program...what’s old is new it would seem...
“The Treasury does not segregate its working balances in the general fund to show its obligations on any particular class of accounts, but considers its total working balance as available to meet the demands made on any of these accounts as wells as to the general and trust fund expenditures of the government.
In view of the large amount of demand obligations now outstanding which the Treasury may be called upon to meet, such as the checking accounts and deposits of governmental corporations, credit agencies, etc., in the aggregate amount of over $400,000,000; the unemployment trust fund, amounting to $1,640,000,000; special obligations issued for account of the Postal Savings System and the Federal Deposit Insurance Corporation, amounting to $142,000,000, and outstanding United States Savings Bonds with a redempti9n value of $2,700,000,000 it is felt that the estimated working balance of the Treasury on June 30, 1940 as contemplated by the President’s budget will be about as low as it can be permitted to go.”
Johnson, R.I., March 22 Forty trucks, each loaded with twenty WPA workers - 800 of them in all - have rolled out on the Plainsfield Pike morning after morning for a year or more. When they went by a house on the pike, Lillian Obrieter, an 18-year-old girl, ca e to the window and waved to each truckload of men. “The girl at the window” is what they called her.
When the trucks came down the highway yesterday there was not waving. The forty trucks stopped and the 800 men descended and walked over to the girl’s house.
The girl was frightened to see all the trucks stop, so she walked out with her brother Charlie to see what was the matter.
Out of the ranks of the men stepped a “committee” bearing bunches of Easter lilies, a basket packed with nuts, fruits and candy and Easter eggs - and a purse containing money.
“you waved at us every day for a year,” one of the men said. “We want you to accept these Easter gifts.
“You’re the little girl in the window. You don’t know us and we don’t know you, but you’re a bright light as we pass by in the morning and evening.
“Now, good-bye and a happy Easter.”