Word: credititis
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Dates: during 1920-1929
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...secondary, as it were, sub-agents of the Government. None the less Governor Strong as head of the New York Federal Reserve Bank wields financial authority fully comparable to that swung by the Messrs. Norman, Rist and Schacht, for it is to Manhattan banks that foreign banks turn for credit, and over Manhattan banks hovers Governor Strong's influence. Governor...
...future of Harvard College, he who believes it to be more today than an outmoded survival of Puritan New England need wish for no better argument than the certainty that in each graduating class today there are more men whose undoubted fame in after life will bring little conventional credit to the University...
...Without risking or spending one cent, without making an investment of any kind, the New York bankers have taken absolute control of Nicaragua. Its transport system, its currency and credit and, by those means, the government of Nicaragua itself, is in the hands of J. & W. Seligman & Co. and of the Guaranty Trust Co. of New York...
...Tijerīno; then purported to explain the nature of the "loan contract." He alleged that a 1,000,000 credit was set up in Manhattan on which the Nicaraguan Government pays 6% annual interest, plus a 1% commission interest on the whole amount, whether any of the credit be withdrawn...
...English than anywhere else. The practical difficulties of the suggestion, inadequacy of instructors and scarcity of student time, could be met by having the instructor meet his charges at considerable intervals, watching their development rather than furnishing them with constant precepts, and by allowing the student a full course credit for the work thus done...