Word: debts
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Dates: during 1920-1929
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Democratic deficits customarily have been allowed to run over until the eve of the following campaign, thus strangling with debt all inter-election activity. Even the two-million-dollar Republican deficit after the Harding election was not liquidated until 1923, and then only by dubious collections and split...
...provide even more protection for Germany than that country already receives under the "transfer clause" of the Dawes Plan. In fairness to Germany it must be remembered that the Fatherland was stripped of colonies after the War, and thus deprived of raw materials which would very materially have assisted debt payment. It is conceivable that in German East Africa alone there may eventually be found enough gold, copper, coal and oil to pay the whole reparations bill. It is but natural that Dr. Schacht should cast eyes upon these resources, that he should remember East Prussia, now cut off from...
...flesh and gusto, who looks as if he had never spent a sick day in his life, watched keenly for a chance to catch his enemy off guard. Swaying on his canes, Mr. Snowden worked himself up to a pitch of spleen, harked back to the old debt settlements made by Chancellor Churchill with France and Italy, declared them to have involved far too heavy a British sacrifice, and fairly shouted...
...supposed to have a broad continuity whichever faction is top dog; secondly, that the Laborites did not repudiate the Balfour Note when they were in power; thirdly, that the principle laid down by Lord Balfour is now so firmly embroidered on the warp and woof of Reparations and War Debts that to dis entangle it would rend the fiscal fabric of Europe. Unwittingly, the angry pixie had given his Conservative enemies a chance to scare British voters by telling them that the Laborites are so unprincipled (and probably Bolshevik, too, by gad!) that they even repudiate Lord Balfour...
...have to stand large losses, or unnecessary loss of confidence on their part might produce liquidation which would be disastrous to German borrowing. Nations which find Germany a good market for their goods, and secure from Germany many necessary goods in return, would be injured. The problems of Allied debt payment would be sharpened. Allied budgets, dependent on reparation payments, would be endangered...