Word: debtors
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With these prolegomena, he launched into the discussion of the terms we have offered to debtor nations. He told how we had lent money to the Allies during and following the War at 5% interest, then considered a fair rate. He told how the British debt at the time of settlement amounted, with interest, to $4,600,000,000. In settling this account, we agreed to accept interest at the rate of 3% and 3½% during 62 years while the principal was being paid up. Meanwhile, the U. S. which borrowed the money to lend to Britain, is paying...
...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...
...trials for the annual debate will be open to all undergraduates. Five minute speeches on the question, "Resolved: That the war debts of the Allies should be cancelled in proportion to the sacrifice in the war of the debtor nations", will be given, and six contestants will be retained for the finals. Tuesday, March 6, is the date set for the final competition for the medal, which will begin at 7 o'clock in Paine Music Hall...
...French debt to Britain is, in round figures, $3,000,000,000. Britain has intimated her intention of collecting from Germany and her debtor Allies only a sum sufficient to cover her War debt of more than $4,000,000,000 to the U. S. This would have the effect of cutting the French debt to Britain by about two-thirds-provided that Germany pays up. The French are anxious to ascertain, if possible, the definite limit of her obligation to Britain...
Said Barren's Weekly: "It is curious, but strictly true, that investors seldom clearly differentiate between stocks and bonds. The difference is vital. The bondholder is a creditor and the bond is, therefore, a debt to him. Stock is an evidence of partnership, with no debtor or creditor relations whatever...