Word: bond
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Dates: during 1930-1939
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...public outlay of about $2,300,000,000 to make jobs, stimulate government construction and feed the hungry. The principal provisions of the two bills which had to be compromised by the House and Senate conferees were: Wagner Bill Garner Bill A $500,000,000 Treas-A Treasury Bond is-ury bond issue to be sue of approximately spent on Federal public $1,200,000,000 to be works already author-spent in buildings some ized. Major items (in 3,000 postoffices and millions of dollars): other government struc roads. 120: rivers tures, improving rivers harbors, 30; govern-& harbors, constructing...
...money should be apportioned according to population rather than need - a provision the Senate deliberately inserted on the ground that the determination of local "need" would lead to bureaucratic delays and political complications. But President Hoover's chief criticism was leveled against provisions in both bills for a bond issue for public works. At the beginning of the Depression the President used to stress public building as a major form of relief. When it failed to work, he turned against it. Said he last week...
...constituents Candidate Briand used to boast, "I have never owned a stock or a bond!" Scorning finance, he was careful only to remain solvent. In his minute apartment when he died were 6,000 francs ($240), in his bank account 80,000 francs...
...smaller business enterprises with low overhead expense which seem to be showing improvement," he said. "But in time the larger ones must necessarily follow. ... I would attribute much more importance to the increase in electric power consumption in the country during the last two weeks than to stock or bond quotations." Only factors tending to discredit this Dawesian cheer last week were his past record and the still-sagging index of business conditions. In General Dawes's record are the following utterances: "People do not realize that conditions are gradually improving." June 5, 1930. "It [the moratorium] is an augury...
Commander-Larabee has suffered with the decline in flour from about $7 per bbl. in 1929 to around $4 now. Its bond interest has been defaulted and a financial reorganization is being worked out. One of its best known brands is Airy Fairy cake flour, a competitor of General Foods' Swans Down. A new product is ready-to-bake Airy Fairy Kwik Biskit, over which General Mills and Washburn Crosby filed a suit charging infringement of its Bisquick trade mark. Commander-Larabee promptly filed a $1,000,000 counter suit...