Word: defaults
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Dates: during 1930-1939
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...maker but last week he made what amounted to a law. Lately Congress paved the U. S. statute books with a good intention when it enacted the Johnson Law, forbidding any U. S. citizen or firm to float loans or extend new credit to any foreign government in default on its debts to the U. S. Unfortunately the Administration itself did not know what that meant. Secretary Hull had to ask Attorney General Cummings whether: 1) a nation that had made token payments on its War debts was in default; 2) Soviet Russia was in default because...
Playing at the same times on the Jarvis Field Courts, the Junior Varsity netmen defeated the Bridgewater State Teachers College 6-1. The only match which the Jayvees lost was dropped by default. The remainder of the matches were all won in straight sets by comparatively easy scores...
...Dewey (W) defeated Mazel (B), by 5-7, 6-0, 10-8; Williams (W) defeated Schiller (B), by 6-3, 7-5; Nusbaum (W) defeated Creelman (B), by 6-4, 6-3; Godfrey (W) defeated Andelman (B), by 6-2, 6-4; and Lewin (W) won by default...
...collect all the taxes ordinarily earmarked for amortization payments. The decree affects two loans floated by the Manhattan bond house of Speyer, three by the House of Morgan. It has nothing to do with the $80,000,000 public works loan sponsored by Chase National Bank, now in complete default and under investigation to determine Tyrant Machado's right to contract...
...might have been expected to respond by using the State Department's unofficial power to O. K. loans to the Soviet by U. S. bankers. But last week the House of Representatives quietly passed Senator Johnson's bill forbidding the making of loans to any government in default to the U, S. The Kerensky Government left a legacy of $187,000,000 owing to the U. S. The Soviet maintains that this is not its debt, also that it is not in default since it is one of the "claims" which Messrs. Hull & Troyanovsky are now trying...