Word: bankes
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Dates: during 1930-1939
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Just what the Belgian Premier had afoot was a deep diplomatic secret. The only rumor into which Washington got its teeth was that there was a plan in the making to have the U. S. take a direct interest in the Bank for International Settlements and supply some capital that could be used for stabilizing currencies abroad. But whether it was this or some entirely different plan, the mere presence of M. van Zeeland was enough to make news, for it opened the possibility of the U. S. finding some new diplomatic playmates in Europe. The British and French...
...Exchange Equalization Fund of $750,000,000 with which John Bull has been operating in the world's money markets. He revealed that last March 30 the Fund possessed 26.674,000 oz. of fine gold, or $933,590,000 worth, compared to $2,584470,000 owned by the Bank of England and $11,000,000,000 worth by the U. S., whose currency stabilizing fund is $2,000,000.000. The stabilizing fund of the French Treasury, originally $450,000,000, was recently reported virtually exhausted (TIME, June 28). Thus last week bankers had reason to think it was chiefly...
...professor at Columbia University and wrote several learned books on taxation which pointed out the kinds of tax avoidance which were legal, the kinds that were illegal evasions. One speech of his was regarded as such valuable advice on how to save on taxes that Manhattan's Chemical Bank published and circulated it. Washington watched alertly to see if some of the mud kicked up by the President's tax-dodger hunt might not land in New Dealer eyes...
...third time since Socialist Léon Blum formed his Popular Front Government (TIME, June 15, 1936), scared money was in flight from France last week, rushing to other havens at such alarming pace that the Bank of France, striving to tempt its return, had to jack up the already high Paris central bank discount rate of 4% to the "panic rate" of 6%. The Blum Cabinet for the third time in nine months was desperately short of cash. First time this happened (TIME, Oct. 5), Finance Minister Vincent Auriol devalued the franc by 40%, carried on with the "profits...
Board Chairman Winthrop W. Aldrich of the Chase National Bank. . . . . . LL.D...