Word: crediteer
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Dates: during 1930-1939
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...nothing unnecessary, to pay no debts or taxes, to fight evictions. Because the Federal farm program-based on 1909-14 price parities between industrial and farm products- has not provided prices as high as his, because farmers are still losing their homes in spite of the Farm Credit Administration, at Shenandoah, Iowa Milo Reno was enthusiastically cheered when he described the Agricultural Adjustment Act as "diabolical." He demanded the resignation of Secretary of Agriculture Henry Agard Wallace. "Wallace's education and association with Wall Street have made him what he is today. Wallace would make a second-rate county...
...cotton farmers agreeing to crop reduction. In addition, for producers of rice, fruit, peanuts and milk, AAA arranged marketing agreements which were calculated to boost prices. Henry Morgenthau Jr. was authorized to direct a $2,000,000,000 refinancing program to ease the burden of farm mortgagees through Farm Credit Administration. And during the month, FCA announced that its loans for crop production and harvesting had passed the $200,000,000 mark, of which $50,000,000 had been repaid. This machinery, taxed to capacity, was now to be extended still further. Into the White House marched Secretary Wallace...
...look poorly when Governor Clyde Herring of Iowa, after a telephone call to the White House, invited ten Midwestern Governors and representative farm leaders to meet with him in Des Moines this week. Under their leadership it was expected that the farm strike could be called off with credit for all, humiliation for none...
...late years specialized in Ibsen. Greek tragedy and was one of the Narrators in Lucrece. The playwright is the author of The Cradle Song and The Kingdom of God. Astute Producer Beckhard presented last season's hilarious Goodbye Again. None of these can expect much credit from such an inconsequential production as Spring in Autumn. Astonishing scene: Actress Yurka standing on her head as she sings a few bars from Tosca...
...towards putting purchasing power into the hands of people who didn't have it before, and who will therefore spend it. But as a move, it is little more than a gesture. Quantitatively negligible in itself as purchasing power, the new gold is zero stimulation to a specie-glutted credit structure...