Word: borrowers
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Dates: during 1920-1929
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This control became important during the War. But, even so, German industrialists could call their plants their own until 1923, when they were forced to pay 18% for their borrowed money. The banks profited well because they could borrow from their British and U. S. connections† at barely more than 5%. In many cases, concerns could not repay loans, whose interest in less than six years equalled the entire principal. They capitulated to the banks, which became sole owners or at the least, important partners...
Captain Anthony Jones, having lived long in Arabia with an extensive harem, is as innocent of Western scruples as he is full of fiery fascination. His is the poetic aplomb that can borrow from another inamorata's father the jet trotters necessary and fitting for his sleigh ride to seduce Lanice at a snug suburban...
Last week this company with all its medieval aura of fantasy came to Manhattan to borrow $3,000,000. It was reliable, its officers asserted. The families of many of its 27,000 employes had worked in the same pits for generations. Brown Brothers & Co. and Lee Higginson & Co., two of the greatest U. S. financial houses, announced an issue of $3,000,000, 7% mortgage bonds...
...part of her debt is to cede to us her possessions in the West Indies, which are of no use to her, but which would be of inestimable value to us as outposts to protect our coast and to protect the Panama Canal. Every one of them, to borrow a phrase of Napoleon, is a cannon pointed at the heart of the United States...
...imagine that trade and commerce with the United States are of some value to Italy, and I know that if she were threatened with deprivation of that commerce and of the right to borrow money of the United States, Italy would begin to understand that even an Italian Dictator cannot be also a dictator to America...