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Word: debtors (lookup in dictionary) (lookup stats)
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...legal loophole for Chancellor Chamberlain and his shipping cronies was the fact that I. M. M. sold Wihite Star to Royal Mail. Royal Mail was the debtor, not White Star. It was Mr. Franklin's hard luck that in the meantime Royal Mail had collapsed...

Author: /time Magazine | Title: Business: Franklin v. Britain | 3/26/1934 | See Source »

...Reflecting confidence in the dollar and the improving position of debtor corporations, bond trading on the New York Stock Exchange swelled to the largest weekly volume in ten years-$125,000,000 par value. Domestic bonds made the best gains since April. Stocks broke out of their long rut and approached the highs of the July bulge. Heavy trading sent Stock Exchange seats soaring...

Author: /time Magazine | Title: Business: State of Trade | 1/29/1934 | See Source »

...their external debts. Foreign bonds are so widely distributed in the U. S. that the Council last week estimated that the average holding was only three $1,000 bonds. The Council will cooperate with existing committees, will eliminate confusion arising from rival committees attempting to negotiate with the same debtor, will pass on all settlements. But the Council views its job as something more than squeezing blood out of turnips. Well aware of the effect of private debts on international relations and foreign trade, it will seek financial support not only from unhappy bondholders- and the issuing bankers but also...

Author: /time Magazine | Title: Business: Dunners & Defaulters | 1/1/1934 | See Source »

...there is no tenable reason anyway, why the United States should not recognize the U.S.S.R. The objection that she has not paid her debts is no longer valid, since most of the other major debtor countries have already defaulted. Russia is perfectly willing, moreover, to enter whole-heartedly into the bargain which recognition implies...

Author: NO WRITER ATTRIBUTED | Title: De Haas in Favor of Recognition of Russia as Boost to N R A --- Japan Helpless To Interfere | 10/27/1933 | See Source »

...bounty payments to planters who had plowed under their cotton (TIME, Aug. 21). That law required the Government to deduct old debts due it by a claimant before paying out any claim. It was adroitly sidestepped by having cotton bounty checks made out to the joint account of debtor farmers and the Governor of the Farm Credit Administration. No farmer could cash his check without the consent of Governor Morgenthau. Governor Morgenthau promised to withhold only about $10,000,000 in payments from those farmers in whose debts private lenders held an interest through Federal Land and Intermediate Credit Banks...

Author: /time Magazine | Title: National Affairs: Necessity & the Law | 8/28/1933 | See Source »

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