Word: baden
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...bank for international settlements was made an integral part of the Young Plan for the payment of German Reparations," he continued. "From October 4 until November 14 a group of internationally known bankers has been engaged at Baden-Baden, Germany. In drawing up the statutes and the charter of the new institution. Details as to the statutes and the charter have been made public recently but the trust agreement, which provides how the new bank shall take over reparations work, cannot be completed until the Second Hagne Conference between the Powers...
...realization of the economic interdependency of nations, a doctrine which has grown with enormous strides in the decade since the war, was consummated yesterday at Baden-Baden when final details as to the proposed World Bank were issued. If this institution, designed primarily to facilitate execution of the Young reparations plan, works out to its theoretical conclusion, it should stand among the greatest reforms of the twentieth century...
Chairman of the Board to be elected by the Governors for a term of several years, indefinitely renewable. Expectations at Baden-Baden were that a U. S. citizen would be elected Chairman, might find the office a lifetime...
Reason why five Europeans and one Asiatic will elect the two representatives of the U. S.: the Hoover Administration has negatived repeated proposals at Baden-Baden that the U. S. Governors should be named by the U. S. Federal Reserve Board. In thus eschewing even fiscal "entangling alliances" the U. S. keeps the freest possible hand, appears to have no fear that Europe and Asia will ever elect a Governor unacceptable to Washington...
Veto. Also envisioned in the Young Plan was a veto proviso drafted last week at Baden-Baden to give the central bank of each nation power to limit or prevent any transaction of the B. I. S. in the country of the central bank in question or in its currency...