Word: crediteer
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Dates: during 1930-1939
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...them is both misleading and contrary to the interests of the public. Such unfortunate publicity tends to defeat the efforts of nutritionists and physicians to educate the public about the importance of the various fruits and other foods that go to make up our diet. It does not reflect credit on the large California Fruit Growers Exchange...
Meantime in Wall Street the franc's turn for the worse intensified the current jitters over the outlook for U. S. money rates. Another boost in bank reserve requirements to sop up potential credit had been expected for months. That the move would mean a reversal in the long downward trend of interest rates was by no means a remote possibility, and bond prices accordingly tumbled...
...estimated $500,000,000, an amount, in the opinion of Mr. Eccles, "ample to finance further recovery and to maintain easy money conditions." Since the Treasury is now "sterilizing" gold imports by putting them in cold storage instead of letting them seep into the credit system (TIME, Jan. 4), the threat of a further expansion in excess reserves has been largely removed. And with the present total shaved to a figure within the reach of the standard tools of credit control-the rediscount rate and open market operations in government bonds-Chairman Eccles is now battened down for a boom...
Scull (Scull Co.) suggested: "Because we are going through the most rapid expansion in credit business that retailing has ever experienced, are we not headed for serious trouble at the next downward curve of the vicious cycle and would it not be well to remember as the credit sales mount to an ever higher peak that beyond the highest peak there is always a valley?" Not daunted by this notion was Joseph L. Fowler, of Boston's Jordan Marsh, who urged the end of the dunning letters, proposed for delinquent accounts notices that were "mild in tone, neat...
...June, thereby adding tot he lustre of the already bright national awards. And those who fail will not have to sit around until August building castles in the air. Thus the new tests can be taken as another step forward in the educational march, and one which reflects particular credit on Harvard...