Word: debtors
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Dates: during 1920-1929
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...just now the basic consideration in regard to future business conditions; and that, in this respect, the U. S. as a creditor nation is in a very different situation than ever before. Our theories of business cycles have been largely postilated on our situation, so long continued, as a debtor country. It may be, therefore, that the past will to a smaller extent than ever before indicate probabilities for the future. Also, the abundance of funds in this, country may lead to a generally lower level of interest rates for the coming years ; and a consequent higher price level...
George Slaff '26, of Passaic, New Jersey, was awarded the Pasteur medal for the best presentation of a debate the subject: "Resolved. That the war Debt of the Allies should be cancelled in proportion to the sacrifices of the debtor nations in the World War." Honorable mention was won by James Harry Smith '25, Tiptonville, Tean. The judges for the debate, which was held in Emerson J. yesterday evening, were Professor I. L. Winter '86, R. L. Hawkins '03, and F. P. Magoun...
...debate is sponsored by the French Department and by the Debating Union. The subject will be, "Resolved: That the war debts of the allies should be cancelled in proportion to the sacrifice in the war of the debtor nations...
...French Department, as well as by the Debating Union, the speeches will be delivered in English. The subject, which as usual pertains to French affairs, is: "Resolved that the war debts of the allies should be cancelled in proportion to the sacrifice in the war of the debtor nations...
...France is not alone among the debtor nations of the world. There are half a score of others waiting her lead and her effort to show the world that gold is not the only thing that counts...