Word: crediteer
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Dates: during 1930-1939
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...sanctions sequence which began with "Proposal No. 1" was extended last week through "Proposal No. 5." Under this body of Geneva proposals, League States would not only sell Italy no implements of war and extend her no credit but also would buy nothing from Italy and would mutually assist League States whose trade suffers from such self-denial. Blocked was a British move to have the League propose that its States sell nothing to Italy. On French initiative Geneva proposed instead that "key products" required as war materials be not sold to Italy and the list of these adopted...
...Great stir greeted word that Belgium had actually adopted the no-credit-to-Italy sanction, but this exciting news proved false. At week's end only Communist Russia had officially shut off extension of credits to Fascist Italy. Bursting with suspicion, Russia's Foreign Commissar Litvinoff glared at Geneva's assembled Capitalist statesmen, told them tartly that the Soviet Union will keep vigilant watch and at the first sign that they are chiseling on sanctions will herself resume trade with Italy...
...with overworked generals who were simultaneously commanding troops in the field. First to realize that the complexity of modern warfare rendered a good commander at the front a poor adviser at headquarters was Napoleon's old adversary, Prussian General Gerhard Johann David von Scharnhorst. To him goes historic credit for establishing the first general staff and setting up a War Academy to train its members...
...twelve Federal Land Banks probably know more about farm real estate conditions than any other dozen men in the U. S. Their institutions, organized during the War to lend farmers money on mortgages, represent the most successful effort in the U. S. to provide cheap, long-term agricultural credit. Last week with all twelve Land Bank presidents in Washington for a conference with the Farm Credit Administration, an alert Wall Street Journal newshawk obtained a comprehensive survey of farm real estate conditions without leaving the city. Since the Land Banks have picked up a goodly num-ber of farms...
...Vanderbilt of millions while selling Erie short. When their arrest was ordered. Drew, Gould and Fisk took $6,000,000 in greenbacks, retreated to a fortified Jersey City hotel. While the Press gasped at such, blatant rascality, the three used their vast profits to launch an assault upon bank credit, foreign exchange, stock prices, to the ruination of thousands of investors...