Word: creditors
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Prompt Payments. The report declares that all sums owed by Germany under the Dawes Plan in the third reparations year have been promptly paid as follows to creditor nations: Marks Dollars (approximate) France 766,998,000 174,000,000 British Empire 306,996,000 75,800,000 Italy 107,458,000 25,880,000 Belgium 97,244,000 23,280,000 Jugoslavia 54,277,000 12,960,000 Rumania 12,500,000 2,900,000 Japan 13,000,000 3,120,000 Portugal 8,000,000 1,920,000 Greece 4,000,000 960,000 Poland...
...Germany has made all the required payments . . . promptly when due, exactly in conformity with the agreed arrangements . . and deliveries and payments for the benefit of the creditor powers have gone forward regularly and without interfering with the stability of German exchange...
...suspended payments. The first thunder clap (TIME, April 18), was the announcement by Japan's richest woman, Mme. Yone Suzuki that her enormous importing and exporting firm would delay payments on its $250,000,000 obligations. Forthwith came another thunderbolt-suspension by the great Bank of Taiwan, chief creditor of Suzuki...
...phrase "society of nations" as he used it, and the League of Nations. After comparing the individual as related to the nation, to the nation as related to the world, President Hibben remarked that "upon a superficial observation of our natural resources, of our commanding financial superiority as the creditor nation of the world, and our industrial progress unequalled in history, it seems to be a reasonable judgement that our nation so highly favored is self-contained and self-sufficient. A more profound observation of ourselves and of the world problems which confronts us leads us to the conclusion that...
...national reserves, the chancellor figures he can not only meet the deficit but set aside $325,000,000 for debt reduction. Chancellor Churchill spoke proudly: "Even in the past wretched year we were able to save and augment our capital and still retain our position as the greatest creditor nation and financial centre of the world." Citizens, burdened by ponderous taxes, would not be consoled...