Word: acception
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Dates: during 1920-1929
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...Morgan and other international big tycoons finished drafting at Paris the so-called Young Plan, embodying their potent recommendations as to how German Reparations may best be paid through an International Bank of Settle-ment (TIME, March 25, et seq.). Politicians representing Germany and the Creditor Powers must now accept or reject the tycoons' advice. Last week, after a month of spirited bickering among European chancellories, it was decided to hold a "Political Reparations Conference" in mid-August at The Hague. The immaculate, aristocratic capital of Queen Wilhelmina's tidy Netherlands would provide, it was felt, an ideally...
Aside from showing up brilliant "Winnie" Churchill as the demagog he often is, Mr. Henderson performed an international public service last week when he dismissed Baron Lloyd. It was he who last summer forced Egypt to accept the Cabinet of Mamud Pasha, who commanded only 28 seats in the Egyptian Chamber, whereas the "Opposition" led by Mustafa Nahas Pasha is a solid phalanx of 170 Deputies (TIME, July 30, 1928). A far less outrageous deed would be?...
...must ratify, and we must ratify in a form which will permit our creditors to accept our ratification. It is not a question of ratifying the debts. We have already recognized our debts. What we have got to ratify is the accords which have given us delays for settlement...
...actual value of these assets was figured at a minimum of $640,000 and a maximum of $1,830,000. There are some 3,000 depositors, none of whom will receive anything for at least three months. Six depositors said their deposits had been accepted the day before the bank closed. Laymen who think that banks are banks all alike, wondered how the State Banking Department had permitted Clarke Bros, to get into such a dreadful condition. Explanation lay in the fact that Clarke Bros., unsupervised, belonged to that class of banking institutions known as "private bankers" which...
...York State banking law permits private bankers in smaller cities to accept smaller accounts without supervision, the amounts varying with the size of the city...