Word: fayed
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Professor S. B. Fay '96 has been chosen as speaker at the Commemoration Exercises at Smith College on Washington's Birthday, it has been announced by W. A. Neilson, president of Smith...
Central Square--Fay Wray and William Powell in "Behind the Makeup...
Though the Dawes Plan proved a great blessing to all concerned as compared with the economic chaos of 1924, Professor Fay predicted in 1924 that within five years it would have to be revised. His prediction was verified by the proposal of the Young Plan in the spring of 1929. With slight modifications made at the Hague last August and now being made at the same place, the Young Plan marks a great improvement over the Dawes Plan in many respects, he said. But it also, in Professor Fay's opinion will have to be revised certainly within twenty...
Professor Fay believes, however, that the Young Plan, like the Dawes Plan, will ultimately have to be revised, for several reasons. "Germany hitherto has paid all Reparations only as a result of the foreign loans made to her. These foreign loans cannot go on at the same rate in the future as in the past. In the long run, Germany can only pay the interest on these loans together with the Reparation payments by a surplus of exports over imports. But for the last twenty years she has always had a surplus of imports over exports. It will be impossible...
Professor Fay is an authority on European history, especially that part which deals with the late war, and has made a deep study of the current political events concerned with the aftermath of the war. He has taught at Smith College, Dartmouth, Amherst, and Harvard, and has written and edited many works on the history of-Europe...