Word: debts
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Dates: during 1920-1929
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...Since nearly half of Germany's pound of flesh is being paid "in kind" under the Dawes Plan?that is to say in German goods which compete with Allied home production?the creditor powers will find it still to their advantage to knock off something from the German debt in return for a promise of more "cash" and less "kind." 3) The four years covered by the Report do not include the present so-called first Standard Year, in which the German Reparations annuity rises to its final level of 2,500,000,000 marks ($595,000,000). Even Agent...
...Baches Payeront!" was the slogan with which Prime Minister Georges Clemenceau (1917-20) justified every expense or extravagance in carrying on the War; and ever since Frenchmen have been putting off their own debt settlements with: ''The Bodies will...
...chief perplexities of Prime Minister Raymond Poincare is how he is ever going to pay the $400,000,000 bill signed for M. Klotz, which falls due in September, 1929. The only alternative to paying this huge sum in cash is for France to ratify the Mellon-Berenger debt funding agreement, in which all the debts of France to the U. S. are merged and spread over 62 years. Thus far a stubborn French Parliament has refused to ratify-and the standing $400,000,000 bill is another reason why Frenchmen are unsympathetic toward Signer Klotz...
...three years, 1920-1923, Chrysler packed a decade's experience of the one thing he thus far lacked-automotive finance. He overhauled the Willys-Overland company from hubcaps to stockholders and, in the midst of that task, undertook the same job for Maxwell. After cutting the Willys-Overland debt from 46 millions to 18, he gave Maxwell his whole attention. The Maxwell-Chalmers merger was one step and then the Chrysler Corporation took shape...
...interference. The new schedules provide an average tariff of 18%, as opposed to the former 5% plus 2.5% surtax. In defending this sharp increase Finance Minister T. V. Soong declared, probably quite truthfully, that the new Nationalist Government is "in imperative need of funds" to liquidate their Civil War Debt and carry out their impressive programs of peaceful development and reform...