Word: crediteer
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Dates: during 1930-1939
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...year showed Neville Chamberlain. Chancellor of the Exchequer, to be Britain's strong man but he was not yet on top; Laborite Ramsay MacDonald continues to head the National (Conservative coalition) ministry. Prime Minister Mac-Donald, more than any other official participant, was given credit for the outcome of the Lausanne Conference in July but there have been other conferences, will doubtless be many more...
Great have been the grumblings against the high prices of R. F. C. relief. For money that cost R. F. C. 31rc from the Treasury, banks have had to pay 52%, railroads 6%, regional agricultural credit corporations 7% (inclusive of inspection and appraisal costs). Last week the R. F. C. board decreed a horizontal cut of 5% on all interest rates on new or outstanding loans after Jan. 1. Estimated saving for borrowers: $6,000,000 per year...
...Learned that Lord Hailsham is the biggest talker in the House of Lords, with 265 columns of the Parliamentary Gazette to his credit for the short session from Nov. 3 to Nov. 17. In the same period Prime Minister James Ramsay MacDonald addressed only 83 columns of remarks to the House of Commons...
...Fascism is now fast fading away and it is not to the credit of the new party that it has shown such an imprudent inclination toward this vanishing fashion...
...week at the final 1932 caucus of the Government's "People's Party" or Kuomintang (TIME, Dec. 26), Dr. Soong, who graduated from Harvard in 1915, presented his historic, balanced budget with this laconic, Bostonian statement: "Gentlemen, the proof of the pudding is in the eating! . . . Our credit is enhanced, our bonds are selling 20% higher than last year. . . . The striking progress thus achieved offsets all hostile propaganda that China is in chaos with a tottering Government...