Word: billion
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Dates: during 1920-1929
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...collapse of Europe; third, the demand for the payment of pensions by Germany is against the terms of the Armistice; fourth, the possibility of payment exists only if we reduce our de- mands to reasonable limits. If the reparations were reduced to reasonable terms they would be 36 billion gold marks instead of 110 billion. At present France is spending all the money she receives from Germany in defending the left bank of the Rhine...
...admitted, however, that a banking system which has demonstrated its capacity to add nearly three and a half billion dollars to the volume of credit, which supplies half of the currency in circulation, and engages in investments and open market operations, exercises a sufficient influence to make its operations a matter of public interest and concern. For these reasons, he said, it is important that the administrators of the System should have a clear conception of the goal at which they are aiming, and that the public should know what that goal is. He said that repeated discussions...
...simply "patriotic ambition or equally well national arrogance and aggression". We produce more than half of several of the raw materials vital to the world and hold almost half of the world's gold. But still America first. When war debts are discussed and partial cancellation of our eleven billion dollar bill is suggested, the cry is raised that it is unfair to America...
...bureau summaries are presented in a bulletin and based on reports from 301 firms in all parts of the country, with an aggregate volume of sales of nearly half a billion dollars...
...Instability of rates", said Mr. Hines, "is a public menace. In fact eight percent of the population is directly concerned with what the railroads pay for labor. When it is realized that the railroads spend about four and one-half billion dollars yearly, it is apparent what an enormous influence the industry exerts on the country...