The need of financial retrenchment led to his opposing the proposal that war veterans should receive a cash bonus.
Retrenchment in expenditure formed a major item in his programme, together with a prompt and thorough revision of taxation.
War between Great Britain and Russia was declared on the 27th of March 1854, and it thus fell to the lot of the most pacific of ministers, the devotee of retrenchment, and the anxious cultivator of all industrial arts, to prepare a war budget, and to meet as well as he might the exigencies of a conflict which had so cruelly dislocated all the ingenious devices of financial optimism.
A commission was appointed to consider the best modes of retrenchment, and the outlay on shows and games was cut down to the lowest possible point.
The claims of the railways, however, necessitated retrenchment on official salaries, and the president's plan for conversion of the debt roused unexpected and successful opposition in an ordinarily subservient Congress.
In 1893 the depreciation of silver necessitated stringent retrenchment; but the budget balanced for the first time during many years, the floating debt was converted, and a loan raised for the completion of the Tehuantepec Railway.
Retrenchment often cut to the bone; wise reforms shattered on the inexperience or corruption of officials.
An agitation was then begun for retrenchment, the public works were put up for sale, and were finally disposed of in 1858 (when the debt was $39,4 88, 2 44) to the Pennsylvania Railroad Company for $7,500,000.
Financial necessities compelled retrenchment, so that a certain number of offices were suppressed altogether, much to the disgust of the office-holding class, which was numerous and wealthy, and had almost come to look on the civil service as its hereditary possession.
He also made useful party capital out of the necessity for financial retrenchment, owing to the large increase in public expenditure, maintained by the Unionist government even after the Boer War was over; II.
Economic depression gave the Granger Movement considerable popularity, and an outgrowth of the Granger organization was the Independent Reform Party, of 1874, which advocated retrenchment of expenses, the state regulation of railways and a tariff for revenue only.
The subscription controversy was then agitating the university, and Paley published an anonymous Defence of a pamphlet in which Bishop Law had advocated the retrenchment and simplification of the Thirty-nine Articles; he did not, however, sign the petition (called the "Feathers" petition from being drawn up at a meeting at the Feathers tavern) for a relaxation of the terms of subscription.
This revelation led to an all-round retrenchment, carried into effect with a drastic thoroughness which has earned for this parliament the name of the " Reduktion Riksdag."
He answers the advocates of the retrenchment by pointing out that the public interest will not ultimately be served by a wholesale violation of the public faith.
The drastic measures taken by the government against the National Union of Taxpayers, and against the newspapers which assisted it in advocating resistance to taxation until sweeping and proper retrenchment had been effected in the national expenditure, checked this campaign in favor of reform and retrenchment for a while.
On the 6th of December a Conservative cabinet was formed under Seor Silvela, Seor Villaverde, pledged to a policy of retrenchment, taking the portfolio of finance.
The distinguished banker and famous dramatist, who as minister of finance was intent on retrenchment, and General Weyler, who as minister of war objected to any starving of the army.
His efforts to reconstruct the Spanish navy were attacked both by the apostles of retrenchment and by those who saw in the shipbuilding contracts an undue favoring of the foreigner; the Marine Industries Protection Act was denounced as favoring the large shipowners and exporters at the expense of the smaller men; the Compulsory Education Act as a criminal assault on the rights of the family.
The size of the city was diminished by the retrenchment of nearly one-third at the northern end, which brought the enceinte more nearly to a square form.
Crispis so-called megalomania gave place to retrenchment in home affairs and to a deferential attitude towards all foreign powers.
It was he who caused the word "retrenchment" to be added to the Radical programme "peace and reform."
In this production Cobden advocated the same principles of peace, nonintervention, retrenchment and free trade to which he continued faithful to the last day of his life.
Already something in the way of retrenchment and reform had been accomplished.