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This sum was in effect provided by the issue of United States Government bonds to our own people. The payments of the various Governments to us on account of principal and interest for 1930 are estimated at a total of about $239,000,000, for 1931 at about $236,000,000, for 1932 at about $246,000,000.
It is estimated that this will result in a reduction of $160,000,000 in income taxes to be collected during the calendar year 1930. The loss in revenue will be divided approximately equally between the fiscal years 1930 and 1931. Such a program will give a measure of tax relief to the maximum number of taxpayers, with relatively larger benefits to taxpayers with small or moderate incomes.
If we were to prophesy that in the year 1930 a population of fifty millions, better fed, clad, and lodged than the English of our time, will cover these islands, that Sussex and Huntingdonshire will be wealthier than the wealthiest parts of the West Riding of Yorkshire now are, that cultivation, rich as that of a flower-garden, will be carried up to the very tops of Ben Nevis and Helvellyn, that machines constructed on principles yet undiscovered will be in every house, that there will be no highways but railroads, no travelling but by steam, that our debt, vast as it seems to us, will appear to our great- grandchildren a trifling encumbrance, which might easily be paid off in a year or two, many people would think us insane.
Such 4½ per cent bonds, payable, principal and interest, in United States gold coin, in New York City, and free from deduction for any present or future British or French taxes, will mature October 15, 1940, but will be redeemable, at par and accrued interest, in whole or in part, on any interest date not earlier than October 15, 1930, upon three months' notice.
William Harvey, Anatomical Excercises on the Generation of Animals, trans. Robert Willis, London, 1847, p. 462. Ibid., pp. 336-339. Works of William Harvey, trans. Robert Willis, London, 1847, pp. lxx-lxxi. Harvey, op. cit., pp. 462-463. Ibid., p. 457. F. J. Cole, Early Theories of Sexual Generation, Oxford, 1930, p. 140. Thomas Browne, The Works, ed. Geoffrey Keynes, Chicago, 1964, I, 261-262.
"These figures show that our Country may be as populous as Europe now is at some point between 1920 and 1930 say about 1925 our territory, at seventy-three and a third persons to the square mile, being of capacity to contain 217,186,000.
Let us enlarge this proclivity into a national mission in as definite a movement, as thoroughly thought out as the evolution of the public school system, the formation of the Steel Trust, and the like. After duly weighing all the world's fairs, let our architects set about making the whole of the United States into a permanent one. Supposing the date to begin the erection be 1930.
My sands are running out; the exuberance of 1901 has aged into the garrulity of 1930; and the war has been a stern intimation that the matter is not one to be trifled with. I abandon the legend of Don Juan with its erotic associations, and go back to the legend of the Garden of Eden. I exploit the eternal interest of the philosopher's stone which enables men to live for ever.
Even as late as 1850 the population included within the ten-mile radius of the city hall was but 267,861; in 1890, the increase was to 841,617; and the same ratio of increase will give, in 1930, 2,700,000 souls. In 1871, seventeen million people were moved into Boston by steam; in 1891, fifty-one millions.
But there was a stub that interested him. Check No. 17 Nita had spent her money lavishly was filled in as follows, in Nita's pretty backhand: No. 17 $9,000 May 9, 1930 To Trust Dept. For Investment Had John C. Drake, who as vice president in charge of trusts and investments had doubtless handled the check, wondered at all where the $9,000 had come from?
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