Word: bonding
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Dates: during 1930-1939
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...bond market has had its say about the affairs of the world during the past month. Better evidence of improvement in Europe than any economic thesis has been the action of foreign bonds, all much slandered during the Presidential campaign. The pace was set by German government and industrial issues. Last week, most of them were up 100% from their lows of summer and are at better prices than at any time during 1932. Great strength was also shown by Belgian, French, Norwegian and Swedish issues. Most South and Central American issues are well up from their 1932 lows, still...
Capitalized Construction. Another idea from Albany called for the Government to remove expenditures for public works from the regular budget paid out of current receipts and capitalize them separately by means of a bond issue. Of this trick Speaker Garner snapped: "Mere bookkeeping...
...that would last for 50 years. Even if never used, this automobile would be worth nothing except to the junkman in ten years, because of changes in men's ideas and tastes." So much does Mr. Kettering believe in Change's force that he would have all bond issues limited to 20 years...
...easier to keep a bond from a dog than it is to take it from him once he has it," stated President Lowell speaking before 600 members of the Foreign Policy Association after a luncheon in the Copley Plaza Hotel on Saturday. He expressed his disapproval of the stand of the United States under the Hoover-Stimson doctrine of non-recognition of the gains of territorial aggression, declaring that instead of preventing war it will tend to lead the world into war. "The way to stop war," he continued, "is to settle its causes before they develop. The Hoover-Stimson...
...Harpell's usual lawyers would not handle the case for him. At first he harped bitterly on this handicap as he pleaded his own defense. Then a lawyer named Calizte Cormier pleaded that Publisher Harpell had done great services to insurance companies, that Sun Life had increased its bond holdings since he began his attacks. Last week at Montreal a jury took 100 min. to reach a decision: guilty with a plea for leniency. Publisher Harpell faced maximum imprisonment of two years...