Word: borrower
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Dates: during 1920-1929
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...enough, coming as it does in this day of practically 30-cent cotton. But the means by which it is to be realized are more extraordinary still. Mr. Wannamaker's "plan" is to have individuals, clubs and corporations buy many bales of cotton, store them in warehouses, and borrow on the warehouse receipts at banks for a period of one, two or three years, " unless cotton goes to 50c. a pound before the time agreed upon." The joy with which this simple plan will be greeted by Southern bankers, after their trials and tribulations with the crops...
...Chamber of Deputies has authorizaed Finance Minister de Lasteyrie to balance the budget by issuing 1,400,000,000 francs worth of bonds. This is indicative of the trend of French politics, which prefers to borrow rather than meet the financial situation squarely by increasing taxation...
Amongst our other activities recently the University Mission has loomed fairly large. Dr. Furse, the Bishop of St. Albans, was O. C., if we may borrow from military sources, and his strong personality and characteristically breezy manner went far to appeal to the undergraduates. The attendances, we are told, were good; and at the close of the Mission the Archbishop of Canterbury came up to add his seal to the proceedings...
...prisoners were convicted under the Espionage Act and were given sentence ranging from ten days to twenty years. In addition Judge Landis fined Mr. Manning $30,000, although the latter had just been obliged to borrow 25 cents for a package of cigarettes...
...fact. When I last saw the devastated area I was astonished at the amount of reconstruction already completed, but there still remains great areas in ruins. As it is, France has done seven times as much work in the reconstruction as Germany, the aggressor. France has been obliged to borrow enormous sums of money to carry on this work and at the same time pay pensions to the wounded soldiers and their families. To pay the interest and principal on these debts a huge burden of taxation has been placed upon the French taxpayers. Although the national income...