Word: crediteer
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Dates: during 1930-1939
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...Lasker, Alexander Legge, Col. A. A. Sprague, E. L. Ryerson Jr., Thomas E. Donnelley, were issuing a manifesto against Inflation. The Crusaders, who have found their Holy Grail. Repeal, announced a new crusade: against Inflation. Even inflationists began to trim their sails when they saw the Government's credit threatened. Senator Elmer Thomas was declaring: "There need be no fear of printing press inflation. . . . With gold adequately repriced the problem of future stabilization is simplified. . . . Our currency system must support business on a scale that will insure profits...
...friends credit Mrs. Roosevelt's austerity to her orphaned childhood. Her Grandmother Hall raised her at Tivoli, on the Hudson. Mrs. Roosevelt recalls that twice a day she was expected to walk up & down a road on the estate with a cane hooked under her arms behind her back. She was two and her sixth cousin Franklin was four when they first met. Franklin rode her on his back. Says she: "I was a solemn child without beauty and painfully shy and I seemed like a little old woman entirely lacking in the spontaneous joy and mirth of youth...
...every ten years. When the question of a new Bank Act came up in Parliament as usual last spring, the danger of the banks' situation was suddenly plain. From the Western prairies rose furious anti-banker howls for a new system, for lower interest rates, for "nationalization of credit." Parliament was impressed. To avoid financial confusion when Canada could least afford it, Conservative Premier Bennett got the Parliament to extend bank charters for one year during which he promised to call a commission to study Canada's banking, currency and coinage...
...Central Bank could not cure all the economic ills of Canada: it would not be a source of unlimited credit for all borrowers on all occasions: indeed, its operations might as often be restrictive as expansive...
...might be a disappointment until Canadian bankers were converted to its principle. Puffed he: "When you reflect that not a single depositor has lost a cent in this troublesome period and that the banks are firm and solvent, you will agree that the bankers of Canada may well take credit to themselves. . . . I am not at all sure that Canada may not, before many years are over, become the economic centre of the British Empire...