Word: crediting
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Dates: during 1920-1929
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...operations which supplied money for Washington's army. From 1781 to 1784 he was superintendent of finance. In 1781 he personally advanced to Washington large sums of money and during most of his Revolutionary service he raised money as much or more by the strength of his own personal credit than by the credit of the Continental Congress. During a time when Colonial money was of so little value that "not worth a Continental
...short-term indebtednesses of the State from 24,000,000,000 francs to less than 8,000,000,000 francs; third, to increase the Treasury reserves from 50,000,000 francs ($2,000,000) to 25,000,000,000 francs ($1,000,000,000); and lastly, to restore the credit of France. No statesman and probably no man has performed so great a task within the year just passed...
...know what" is in store for us. Ninety-eight per cent of the victims are tenant farmers and 95% are absolutely destitute." Loans. One of the arguments most used by opponents of special Congressional session for the flood district was the theory that hastily established credit organizations would take care of the flood victims' troubles. It appears the universal opinion, however, that these organizations have totally failed to function. Banks are already overloaded with farm "paper" that has become worthless; even the most liberal system of lending money considers some security essential and the farmers have no security...
...everyone knows the 19,000,000 francs were used to buy Government securities. These bonds were then canceled from the State's obligations, thus bettering its credit. Last week there remained only the ceremony of burning 19,000,000 in canceled bonds...
...ebullient crooning and outflung gesturing of primitive Africans, it is logical that the Negro revue should crop up more frequently, with growing success. In Manhattan, the nation's theatrical headquarters, only two new shows opened last week. Both were "black-&-tan" affairs. The better, Africana, has to its credit swift changes, amazing doggers, several funny skits and Ethel Waters. Her 70-odd inches are topped by a small closely cropped head. She uses a typical husky, soft voice to unusual advantage, employs mannerisms frankly and disarmingly Negroid, understands the art of "living" her songs, so that they take...