Word: crediteers
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Dates: during 1930-1939
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...credit from the Export-Import Bank to pay off by June 28, 1941 outstanding indebtedness to U. S. exporters, an estimated additional $50,000,000 credit to be available for future exports...
...Union, which operates on its own budget, went into the red to the extent of only $3,423.81, and this was easily absorbed by a substantial credit balance built up when the Yardlings' hall was operating at a profit...
Even the existence of a special fund to absorb the deficit of Business School Dining-Halls left the University Dining-Halls so deeply in the hole that it took over 20 per cent of the credit balance to feet the bill. At this rate the balance will not last long...
Judge Shearn was not only an old friend of Hearst's; he was close to a good source of credit, the Chase, and Hearst had to have cash. He had several long talks with his old friend and on June 23 Mr. Hearst's beloved American folded. On June 27 of 1937 Judge Shearn became indisputable ruler of almost everything that is Hearst...
...Regency. Trustee Shearn is in almost every physical respect the opposite of shaggy, elephantine Publisher Hearst. He promptly set out to prove himself the opposite, also, in business management. He withdrew the proposed debenture issues, got enough bank credit to stave off the crisis, told Hearst he would have to live on whatever allowance could be spared from, his creditors. He gathered around him a staff of top-flight Hearst executives headed by the Chief's old favorite, Thomas J. White, and consisting of Harry M. Bitner, general manager of newspapers; Richard E. Berlin, publisher of magazines; Joseph...