Word: convertibility
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Dates: during 1930-1939
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This was done by adopting decrees under which Italians must convert all foreign investments into nine-year 5% Italian Government bonds; Italian corporations are limited as to their dividends and must invest in Government bonds all undistributed profits; and the State assumes a virtual trade monopoly by decreeing that nonwar purchases are in every case subordinated to those fulfilling war needs. Before Dec. 31, 1937 all Italian motor vehicles must be converted to burn substitute fuels, such as coal gas distilled en route from charcoal by the Fiat system. Two days after the Cabinet meeting Italian motorists found that...
...today after the dollar has been devalued and the price of silver boosted by U. S. purchases. Thus if Mr. Coolidge before his death had sold any U. S. Government gold bonds that he owned and invested the money in Maria Theresa dollars, Mrs. Coolidge could today convert them back, getting approximately $2,780 for every $1,000 her husband had salted away in the sound money of Ethiopia...
Object of Priest Coughlin's personal appearance was to convert his filing case audience into a working political organization. The Detroit gathering was to be the first of a series of organization meetings. Father Coughlin told a newshawk: "It's got to be done, and if I fail it means annihilation for me. ... At the least sign of slowing up, my enemies inside and out-side the Church would nail me. They wouldn't pay much attention to the sportsman's code about shooting a sitting bird...
Least concerned was Niece Lucille Norton. Found by newshawks last week in an armchair with a book entitled The Meaning of Marx at hand, she scoffed at the idea of any Communist trying to "convert" her, admitted that Chicago is "one of the best places to learn about Communism if you want...
...downed Brooks House relay quartet splashed out a hard win over their Adams House opponents to convert a tied swimming meet into a 36-26 triumph for themselves yesterday afternoon. By virtue of their victory, the exultant Angler natators will face Yale's inter-College tank champions next Saturday...