Word: borrowers
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Dates: during 1920-1929
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...Significance. In this novel, Mr. Hergesheimer does not borrow from a century but presents it. He has achieved a book that has the tex ture of velvet and the rigor of bright iron. His method of dating the narrative with politics and giving history's skeleton,' flesh and wit in the lives of his characters is, though a difficult artifice, perfectly persuasive. To say that we have advanced in our system of government since Revolutionary times is to say that Jefferson was right and Richard Bale was wrong. It is an opinion generally accepted. Mr. Hergeheimer, indeed, holds...
...Payment to other veterans in the form of a 20-year endowment insurance policy based on their adjusted service credit. On this policy they may borrow, after two years, up to 90% of its value...
...only way in which "short" gambling can be met and broken is by "long" gambling. To gamble requires money. The only way the Bank of France could get money on a falling market was to sell francs (thus contributing to the stampede), or to borrow on the strength of its gold reserve. Large loans were accordingly negotiated on this security in London and New York, and credits placed at the disposal of the Bank of France in all gambling centres. The result was immediate; the "bears" were quickly routed. This definitely showed that the movement was not materially backed...
Before the Paris Chamber of Commerce, Alexandre Millerand, President of the Republic, declared that the Government would not borrow any more money, would undertake no further expenditure without corresponding receipts. He called upon all French citizens to aid the Government by accepting the new temporary tax burdens (TIME...
...Navy is bitterly disappointed at the abandonment of the so-called Pole-flight plans (TiME, Feb. 18). Its disappointment may be still greater if the British get the chance of which the Americans were deprived. Commander F. M. Boothby, British airship expert, is trying to borrow the R36 from the Air Ministry on the plea that he can fly from England to the Pole, in 96 hours there and back, at an expenditure of only $25,000. The Labor Air Minister is cold to his plans. "Airships are for military purposes, not for stunts...