Word: debtors
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...many instances cited of committees whose members have interests adverse to those of the investors whom they purport to represent; of committees whose mode of organization and subsequent activities are calculated to discourage the investigation and prosecution of possible causes of action in favor of bondholders or of the debtor; of committees which have profited extensively from their trust by voting themselves payments for expenses, compensation and otherwise; of committees which have distributed patronage to attorneys, depositaries, secretaries, agents and others with a liberal hand; and of committees which, if not actually injuring investors, have found it possible, thanks...
Though Roman Catholic financing rarely runs into the difficulties often associated with clerical commitments in general, no Roman Catholic Church is consecrated while it has a mortgage still outstanding. During the debtor period, the church is merely blessed. The ceremony of blessing permits the holding of services but does not permanently dedicate the building to God. When the church is debt-free, it is then irrevocably consecrated...
...Debtor Board. In personnel the Reserve Board that took office last week differs from all former boards. For the first time in history it is predominantly a debtor board, representing people who borrow money rather than lend it. Though the influence of big Eastern bankers upon Reserve Board policy has been largely exaggerated, previous boards have tended to think of U. S. economic life in terms of the banking system. The new Board will think of the banking system in terms of U. S. economic life...
...depends upon Europe's having enough gold stocks to keep her currencies somewhere near stability, the United States continues to believe in a mulish manner that this country must sell the world more and more and buy less and less. To point out that America is no longer a debtor nation, as she was before the War, has small effect upon men who would rather have gold taken out of their teeth than out of the treasury vaults...
...then Farmer Mingo's mother, his only close relative. has died. Since then over 500 days have come & gone. Since then Farmer Mingo has stayed in jail. Last week he was still in jail because the jail commissioners, having received a petition from him to take the poor debtor's oath, were checking up to make sure that he really had no assets. And last week his fellow citizens were beginning to realize that it would have been cheaper for them to pay his $350 debt than to jail him, for at 75? a day, the town...