Word: co
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Dates: during 1920-1929
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...Berlin it is sometimes popularly supposed that the titanic rivals in U. S. finance are J. P. Morgan & Co. and Dillon, Read & Co. Last week, pink-cheeked, socialistic, optimistic Finance Minister Rudolf Hilfer ding found himself short of cash for year-end budget requirements. He hastily sought to arrange an $100,000,000 loan with Dillon, Read & Co. by cable...
Reminding its readers that J. P. Morgan & Co. will launch the long awaited German Reparations Bonds, soon after the Young Plan comes into effect (TIME, June 10, et seq.), Tageblatt intimated that should Dillon, Read beat their "rivals" to the Stock Exchange with an $100,000,000 German loan, subsequent Morgan pickings from Reparations Bonds might verge upon the loan. According to the "dope" Dr. Schacht was persuaded to obstruct the loan by Seymour Parker Gilbert, whose post as Agent General of Reparations will automatically be abolished when the Young Plan comes into effect. For years Germans have been hearing...
...daily press, broadened and mellowed the Tageblatt story thus: "Confirmation could not be obtained for the report that the German 'D' banks would cover [Dr. S'chacht's] advances to the German government by short term credits to be granted with J. P. Morgan & Co. It was understood that no negotiations for such a-deal had been opened...
Earlier in the week Dr. Schacht intervened in negotiations by the City of Berlin with Dillon, Read & Co. for a $14,400,000 loan, squashed it. Berlin understands"that the City was about to hire the money from Dillon, Read for 8.6%, that Dr. Schacht offered to supply it from the Reichybank...
...Boss" Calles' Revenge. The "Political Boss" of Mexico is former President Plutarco Elias Calles, co-founder of the Grand Revolutionary Party with the late, great, assassinated President Alvaro Obregon. Last week he had revenge on District Attorney John A. Vails of Laredo, Tex., who had wished to arrest him on a murder charge as his special train passed through that city (TIME, Dec. 23), and who had denounced Calles to U. S, Secretary of State Henry L Stimson as "the greatest exponent of Bolshevism in the Western Hemisphere."* Back in Mexico after a pleasure trip to Europe, General Calles...