Word: bankes
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Dates: during 1920-1929
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...proposed loan to Germany. "Part of the plan contemplated that a considerable loan should at once be made to Germany for immediate pressing needs, including the financing of a bank. I trust that private American capital will be willing to participate in advancing this loan...
...Hughes in Washington. He was particularly angry that the Guaranty Trust had warned a certain New Orleans company against undertaking the development of the port of Callao.* He had when "elected"† promised his people lots of money and lots of economic entertainment, but the wicked New York bank having acquired an option on loan flotations for Peru, had thwarted him at every turn in a most unfair manner. The U. S. Secretary of State in his reply (unpublished) stated that the Guaranty Trust Co. is a private institution over whose legitimate operations the U. S. Government has no control...
...Institution of a single gold bank with central office in Berlin, which with the exception of the State banks of Bavaria, Würtemberg, Baden, Saxony, shall be the sole bank of issue in Germany. The capital to be $100,000,000, part of which is to be raised in Germany and part abroad; the gold reserve to be at least 33 1-3% of the capital; the bank to be governed by a German Managing Board and a General Board of 14 members: seven Germans and a member from each of the following countries: Belgium, France, Great Britain, Holland...
...international loan of $200,000,000 to ensure the successful establishment of the gold bank and to cover internal payments on account of reparations for the financial year...
...trustee to be appointed by the Reparations Commission, who shall apply the proceeds to reparations payments to the Allies. The income from this source is expected to be $75,000,000, or 6% interest. No. 2 Committee (Chairman Reginald McKenna, head of the London Joint City and Midland Bank, previously Chancellor of the Exchequer under Premier Herbert H. Asquith), had as its purpose to compute the value of German capital exported abroad and report on the means of "repatriating" such funds. The main findings of No. 2 Committee were...