Word: cashes
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Dates: during 1930-1939
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...said Mr. Hull, had also expropriated properties from foreigners as well as its own citizens, but "in each & every case . . . has reimbursed promptly and in cash the owners...
...Germany back to 1868, did not make bullish reading for German investors. They remember how in 1914 much German smart money took its prof its and got out of the market just before the War. Nazi newsorgans attributed last week's break to: 1) turning of securities into cash by German firms desirous of raising further working capital amid the Rearmament scramble; 2) forced sales by Jews squeezed in Vienna and elsewhere in Germany by fresh "Aryanization" measures, one of which excludes Jewish brokers from stock exchanges in the Reich...
...Germany's vassal, nor is she a substitute for Germany's lost colonies!" Viitorul accused Germany of systematically buying Rumanian raw materials on credit, then turning around and selling them at cut rates for gold on the world market, thus adding to Germany's hard cash reserves, leaving Rumania holding German promises to pay. This game the Nazis have been playing all over southeastern Europe and in Latin America for several years. Said Viitorul: "We cannot afford to tie ourselves solely to Germany, wherefore we welcome Britain's efforts to gain ground...
...this by flaring out sharply in a safe direction, against Brazil. Most of the Latin American states have long been as vexed as Rumania at the sharp German practice of buying huge quantities of raw materials on credit or with blocked marks, then selling these goods for cash at dumping prices, often in direct competition with the producing countries. On June 30, the Brazilian Government ordered the Bank of Brazil to cease buying blocked or aski marks, thus forcing Germany to pay in genuine currency for any Brazilian goods Germans want. Angrily the German Government decreed last week the complete...
...Began an investigation of the investment policies of insurance companies. By the Securities Act of 1933, new security issues must be registered with SEC before sale unless the entire issue is to be sold to one buyer. With their huge cash resources, insurance companies habitually buy entire issues. Investment bankers estimate the total of such purchases as high as $1,500,000,000 a year. SEC Chairman William O. Douglas last week commented that this gave "insurance companies a preferred status over other investors." As a part of the current Monopoly Investigation, SEC will study the subject...