Word: debtors
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...with England, the U. S., and Soviet Russia, but export subsidies to the extent of 30% of the value of all German exports enabled Nazi businessmen to quote speciously attractive prices to the Balkans and South America, regions with surpluses of grain, tobacco, oil, cotton, coffee and cocoa. Between debtor nations the system of subsidized barter might have worked satisfactorily enough, but the Nazis themselves were slow to deliver finished goods in return for foodstuffs and raw materials, and they frequently demoralized world markets for their suppliers by reselling coffee, tobacco, cotton, etc., at knock-down prices in order...
...Shortly a credit association began to dun him by letter. Charging that the letters upped his blood pressure, hindering his recovery, Albert Clark sued for $10,000. The Court of Appeals overruled a motion of the defendants to throw out the suit, saying: "Neither beating a debtor nor purposely worrying him sick is a permissible way of collecting a debt...
Such a tidal wave of foreign-owned securities poured into the U. S. market at the outbreak of war in 1914 that the New York Stock Exchange closed its doors, did not reopen for nearly five months. Since then the U. S. has changed from a debtor to creditor nation and its markets are less susceptible to foreign liquidation. Also since 1914 the Government has acquired, in the Federal Reserve and SEC, a degree of financial control far firmer than even the elder J. P. Morgan could mobilize. Thus last week, as official Washington unofficially talked of war within...
...many little-known facts about William Randolph Hearst's fantastically tangled affairs is that his rival Los Angeles publisher, Harry Chandler of the Times, holds a mortgage on San Simeon. Last month in Los Angeles, rather than embarrass his strapped debtor, Mr. Chandler agreed to extend the mortgage. But it was not Mr. Hearst who made the request. Mr. Hearst was not. in Los Angeles or San Simeon...
...county judge resigned his $15,000-a-year job to become counsel in the bank's liquidation; 3) to qualify for the county judge's $15,000 job, an Errors & Appeals lay judge resigned; 4) Governor Arthur Harry Moore of New Jersey, political debtor and friend of Democratic Boss Frank Hague Sr. of Jersey City, appointed Frank Hague Jr. to the Errors & Appeals vacancy. Said Governor Moore: "I know this appointment will make his dad happy...