Word: borrowers
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Dates: during 1920-1929
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...National Bank of the Republic) last week addressed the Rotary Club of St. Andrews, Scotland, where he was born 67 years ago. In accents from which 40 years in the Midwest have not yet rasped the St. Andrews burr,* he said: "If England went to war tomorrow, she could borrow as much money as she wanted. France could not raise a dollar...
...erect dikes against the grain flood. In that time a wheat advisory council had to be named by the Board. The council had to make recommendations as to methods of handling the crop. The wheat co-operatives had to join together to create a stabilization corporation which could borrow from the Board...
...Passed a bill authorizing the Treasury to borrow on new short term bills...
...Treasury last week felt the pinch of a tight money market. To borrow $400,000,000 for nine months, it prepared to pay a higher interest rate- 5⅛% - than at any time in the last eight years. For the first time in an even longer period the Treasury's quarterly financing interest rate was above the Federal Reserve bank rediscount rate (5%). A year ago a similar loan was put out by the U. S. at 3⅞% whereas in 1924 the Government was able to procure money in the public market at 2¾%. The highest...
...quite as eager to proclaim a Dictatorship of the Proletariat. Finally there is not space in which to note that Wall Street is inclined to sell distinctly short on Austria-as is shown by the fact that it has recently proved impossible for the Government at Vienna to borrow in Manhattan $100,000,000 urgently needed to revamp Austria's state railways, telegraphs, telephones...