Word: bankrupt
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Dates: during 1930-1939
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...Roosevelt had instructed the AAA to pour $10,000,000 worth of foodstuffs and other supplies into Cuba as a loan. Cuba's new Secretary of the Treasury said he would be glad to give every security for repayment in his power-the Cuban Treasury having been notoriously bankrupt for months...
...liner in the world" (TIME, Nov. 7, 1932). ¶Adjourned over the holidays at 1:30 p. m. after a furious round-the-clock session which began the afternoon before. Battling every clause of the Government's bill to saddle the British taxpayer with the national debt of bankrupt Newfoundland (TIME, Dec. 18), the Laborite-Liberal Opposition were helpless to oppose the Government's Conservative steamroller but finally grew so angry that the House resounded with homely English abuse. "You dirty dog!" shouted Laborite Aneurin Bevan at Minister of Dominions James Henry ("Jim") Thomas who was driving...
...Ringling related, he met William M. Greve, president of New York Investors, Inc. (realty), who agreed to lend him $1,700,000. As collateral Mr. Ringling put up one-half of all his circus stocks. Shortly afterward New York Investors sold the Ringling note to the now bankrupt subsidiary. While ill last year, Mr. Ringling had been unable to meet an interest payment of about $18,000. Financier Greve promptly marched out to Coney Island. Threatening to attach the circus receipts, Financier Greve demanded: "Put all your assets in a bag and give them...
...closest in history no matter which way it goes. The politically-minded Irish, strange to say, are more than partial to the two best candidates, Parkman and Mansfield. If the voters use their chance stupidly or do not use it at all Boston will probably go bankrupt, higher taxes will drive still more large firms into the suburbs. More pathetic, welfare and city workers will become political slaves...
...reason to suppose that it will not be similarly applied in the United States. Nor, if his analysis of the instrument be correct, is there any reason to suppose so. What has made capitalism, in the words of G.K. Chesterton "not only a discredited ethic but a bankrupt business" is a technical advance safe only under social ownership, and that advance has been operative even more in these countries than in Germany or Italy. Mussolini and Hitler found their work easier through the existence of large peasant classes, and these classes have no counterpart here or in Great Britain...