Word: ets
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Dates: during 1930-1939
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...dramatic drain of gold from the Bank of England into the Bank of France (TIME, Dec. i et ante) continued last week at quickened tempo, reached $1,750,000 daily. When $5,000,000 of virgin gold arrived in England from South Africa, the French snapped it up, contracted for another $5,000,000 shipment due this week. In London the price of gold was forced up to 855 1½d. per fine ounce,* the highest price since British currency went back onto a gold basis in 1925. In Paris the gold reserve of the Bank of France swelled...
...hardhearted. Let America not be so.''* Gold and Gates McGarrah. Also in Manhattan last week was famed Gates W. McGarrah, president of the B. I. S. (Bank for International Settlements) at Basle, Switzerland, which has replaced the defunct office for reparation payments in Berlin (TIME, Sept. 23, et seq.). Switzerland has worked wonders with Tycoon McGarrah. When he reluctantly resigned as board chairman of the Federal Reserve Bank of New York to go abroad and try to make the Young Plan work, no clam was closer, no Scotsman more cautious, dour. There was danger then lest reporters trap...
Reason for the Kellogg award was his sponsoring, as U. S. Secretary of State, the Briand-Kellogg Peace Pact, the three-article treaty signed and ratified by 15 war "as an Governments which instrument of promised to national renounce policy'' (TIME, Sept. 29 et ante...
...Indian Round Table Conference, momentously opened by George V (TIME, Nov. 24), passionately addressed by Princes et al (TIME, Dec. 1), settled down to a quiet week of organizing committees which will sit in secret...
...Employed secret agents throughout Russia in a partially successful effort to sabotage and delay fulfillment of the Soviet Union's famed Five Year Plan of industrialization (TIME, June 9 et ante...