Word: bonding
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Dates: during 1930-1939
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...Philippine Independence. In the 1930-31 session he labored mightily to knit the disorganized Progressives into a bloc. Never sympathetic to the Hoover administration, he became its increasingly vehement critic as the Depression deepened. Early in the Depression he introduced a bill for a $5,000,000,000 bond issue to pay for a public works program. Following its defeat he continued to bark unceasingly at the Presidential heels for a positive relief program. Having lined up behind President Roosevelt, he sponsored but one notable piece of New Deal legislation: Senate Bill No. 3744, to set up a "Federal Monetary...
...through the Democracy that genial Mr. Sinclair could be "handled." Told off to do the handling in California were Messrs. McAdoo and Creel. At the Democratic State Convention the party platform failed to mention the name EPIC, made no commitments as to the Sinclair proposals for land colonies, scrip, bond issues, high income taxes or pensions. EPIC was emasculated save for pledges to put the unemployed to work at productive labor, enabling them to produce what they could consume; to put the State's credit and resources behind cooperative self-help groups; to exempt from taxation the first...
...January 1932 Sweden slid off the gold standard and into a bold experiment in "managed currency" as the world's economists held their breath. By last week Sweden was so solvent that it moved to redeem the last $13,000,000 of a $30,000,000 bond issue marketed in the U. S. in 1924 and not due until 1954. For the first time taciturn Swedish officialdom, through the National Debt Office, gave credit to the managed currency system. Last week some economists agreed with the Debt Office while others were not so certain...
...inside Sweden. But it had failed to raise wholesale prices. As to whether it had materially helped Sweden's Depression, Swedish economists could not agree. Nor could they agree as to whether it was responsible for the excellent financial shape that had led to last week's bond redemption...
...promptly bought out Corticelli, one of Belding's few spool silk competitors, concentrated production in the efficient Putnam, Conn, plants, scrapped the unprofitable fabric and hosiery manufacturing division, wound up last year with a $500,000 profit. He continued to make money this year, paid off a bond issue. Last week the Belding Heminway directors declared a 50? dividend - their first in six years...