Word: credited
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Dates: during 1920-1929
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...city or industrial centre more than 150 acres and in the eastern border lands more than 750 acres. All surplus property, under the meaning of the act passed by the Diet, is to be purchased from the landlords by cash and 5% bonds and sold to the peasant on credit terms extending over 40 years...
...came to the U. S. to deliver two addresses before the Institute on the policy and economics of Poland Count Antonio Cippico, famed Facist, Italian Senator and friend of Mussolini, to speak on Italy, the Mediterranean area Robert Masson, French banker who is the virtual head of the Credit Lyonnais and during the War performed much the same service for France that Robert Morris rendered revolutionary America; eloquent Dr. William E. Rappard, member of the Permanent Mandates Commission of the League of Nations; deliberate, scholarly E. F. Gay, onetime (1920-24) President of The New York Evening Post, now Professor...
...securities prices will be brought to an end within the next few months. Pointing out that bond prices are now higher than they have been for eight years, and that average industrial stock prices are higher than ever before, the Colonel declares that this situation has resulted from easy credit rather than from high current earnings or brilliant prospects, and that therefore rising interest rates this fall will call a halt...
About three quarters of the purchasers of automobiles pay for them on credit over the course of the following year. The theoretical risk to the sellers has led progressive Walter P. Chrysler to adopt a plan whereby each purchaser of a Chrysler car will automatically receive a fire and theft insurance policy on it. The cost of the insurance is included in the price of the car. Thus not only is the owner protected, but also the maker. The idea has also appealed strongly to the General Motors Corporation, who are said to favor its adoption on their enormous output...
Stocks and bond prices are high, commodity prices are in general firm or else rising, business activity increases. If affairs follow precedent, the fall should see larger advances of credit for commercial purposes, increased output, a stronger general price level and higher interest rates. The latter, together with a scarcer supply of credit, will presumably turn the stockmarket...