Word: defaulting
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Dates: during 1930-1939
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...story does not end here. When the Hungarian loan fell due it seemed inevitable that Hungary would default. Thereupon it was conveniently arranged that Hungary negotiate a long from The French government lent the at Hungarian negotiate a loan from the French government just M. Schneider's Banque de 1'Union instead of, as one night have expected, through the Banque de France...
...Reynolds and Mazel (B) by 2-6, 6-1, 6-4; Porr (A) defeated Creelman (B)by 6-2, 6-8, 6-1; Purcell (B)defeated Brainard (A) by 6-2, 6-3; Timken (A) defeated Greenblatt (B) by 6-4, 6-8, 6-2; Anderson (A) won by default; North (A) defeated Winer...
While the President was busy deciding what message he would send to Congress on War Debts, the State Department was busy telling foreign diplomats about what would constitute "default." Attorney General Cummings interpreted the Johnson Act to mean that in the past token payers were not in default, because the President in accepting tokens had said they were not. Secretary Hull made it clear that token payments in the future would not save debtor nations from being technically in default. Questioned by newshawks, the President merely answered that whether a token payment constituted payment or default was a point...
...Cummings could have given half a dozen different replies making the Johnson Act into any one of half a dozen different laws. By his opinion last week the LAW became: 1) token payers (Czechoslovakia, Great Britain, Italy, Latvia and Lithuania) are not defaulters, therefore may receive new loans; 2) Soviet Russia is in default. Until the courts disagree, some future Attorney General gives a new ruling or Congress passes another law, Mr. Cummings' decision will be final...
...savings." When Garvey got out of jail, he was shipped back to his native Jamaica as an undesirable alien. Every time he got himself elected to something in Jamaica, he somehow got himself jailed for something else. Harlem Negroes took his Universal Negro Improvement Association away from him by default and he founded another. When that went bankrupt, he started a third. His Jamaica newspaper, The Blackman, and his Edelweiss* Amusement Corp. (vaudeville, cinemas and an amusement park) did better, until last year when they, too, went broke, but not before Marcus Garvey had been jailed again for seditious libel...