Word: cubas
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Dates: during 1930-1939
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...Senators commonly travel abroad for pleasure & profit when Congress is not in session. Equally common is the practice of dispatching protective committees to foreign capitals to make demands, usually futile, for payment on defaulted dollar bonds. Last week Cuba witnessed a surprising combination of those two commonplaces. At the head of a protective committee two U. S. Senators marched into the Presidential Palace in Havana for no other purpose than to dun. The committee's chairman was Senator Gerald P. Nye; its counsel, Senator Burton K. Wheeler...
...Martin Government repudiated the loan as illegally contracted, and the Cuban Supreme Court is now pondering charges that the Machado Administration and Chase National Bank, which underwrote the issue, had "usurped authority and entered into bribery." Chairman Winthrop Aldrich of Chase indignantly denied such irregularity but since 1933 Cuba has paid nothing on either the $40,000,000 of bonds owned by private U. S. investors or an additional $20,000,000 of "short-term" credits held by Chase and other U. S. banks...
...colleagues, Ambassador Jesse Isidor Straus had already landed in the U. S. And last week ahead of all of them in the study of President Roosevelt was Ambassador Jefferson Caffery who poured good news from Havana into the Presidential ear: Since the negotiation of the reciprocal trade agreement with Cuba (TIME, Sept. 3), business there had picked up, Cubans were pulling out of the Depression...
With this good report at hand, the President had no difficulty in making up his mind what to say about the protests of U. S. radicals who demanded Ambassador Caffery's recall because he had "interfered in Cuba's internal affairs." The President officially endorsed the State Department's declaration that Mr. Caffery "had the full confidence of the U. S. Government and people...
...Cuban Government announced, "These people look more like agitators than investigators." Said Odets: 'The commission represents those Americans who are irreconcilably opposed to the domination of Cuba by American financial and industrial interests. . . . Newspaper reports indicate the complete destruction of civil liberties in Cuba. We insist upon returning. And when we come back, we will come with names they can't afford to touch.''* Next evening Odets & companions were ferried back across Havana Bay, bundled aboard the Oriente, shipped ignominiously back to Manhattan...