Word: bankes
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Dates: during 1920-1929
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...borrow $400,000,000 for nine months, it prepared to pay a higher interest rate- 5⅛% - than at any time in the last eight years. For the first time in an even longer period the Treasury's quarterly financing interest rate was above the Federal Reserve bank rediscount rate (5%). A year ago a similar loan was put out by the U. S. at 3⅞% whereas in 1924 the Government was able to procure money in the public market at 2¾%. The highest "war" rate was 6%. This issue of Treasury certificates, dated June...
...Grand Salon of the Hotel George V fourteen men blinked uneasily behind a long green table in the blinding rays of sunlamps and arc lights. Mr. Young, chairman and presiding genius of the conference, sat in the middle, on his right Emile Moreau, Governor of the Bank of France, on his left Morgan Partner Thomas W. Lament and Boston Lawyer Thomas N. Perkins. On the green cloth in front of Chairman Young were two white blocks of foolscap, two and a half inches thick, copies in French and English of the famed agreement, neatly prepared by Sir Josiah Stamp, head...
...slight delay in getting the boat into the water due to the fact that the float, which started leaking in the afternoon sank to the bottom of the river before it could be saved. This mishap made it necessary for the crew to launch the boat from the bank and most of the oarsmen were thoroughly drenched in the process...
...government will guarantee these bonds, merely the private bankers on the board of the international bank. They will be in effect mortgages against state-owned German railroads and privately owned German industries...
...profits from the sale of the bonds and other enterprises of the international bank will be applied to the further reduction of Germany's debt. Germany hopes that after 37 years these profits will pay the balance of her reparations...