Word: floats
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...eight outstanding Methodist Episcopal issues, totaling $5,000,000, are currently in default. The one which pains him most is that of the California Missionary Society. To help pay for a Methodist Hospital in Los Angeles, the Society in booming 1928 had Bitting & Co. float a $600,000 bond issue. In 1931 the Society paid off $55,000 of the principal, in 1933 made one interest payment. Not one other cent has it paid. By July 1, 1934 it had defaulted $67,000 principal, $59,950 interest...
...Skillfully he darted from cloud to cloud, hitchhiking on thermal currents. Over the rugged Alleghanies he soared in silence, flew south along the Susquehanna River. Over Scranton he ran out of clouds; dropped to 500 ft. Hot air over the city pushed him up again, enabled him to float serenely through the Delaware Water Gap. With the skyscrapers of Manhattan just visible in the distance, he ran out of clouds again, dropped to 200 ft. over the flat Jersey countryside, was forced to land at an airport in Basking Ridge.* He had missed his father's prize money...
...predicts a repetition of the events of 1914, with the U S. caught between blockading and blockaded powers in the Atlantic. In tl Pacific Japan will use force to stop tl flow of U. S. supplies to Soviet Russia via China. Author Lothrop Stoddard's anti-War prescription: float no foreign bonds of combatants in the U. S.; trade with combatants for cash or short-term credits; export no arms or munitions. - ED. Haul Sirs...
...delightful. Making the usual concession to conviction it starts in the musical comedy kingdom of Taronia, which, despite the idy-llie happiness of its people, is sadly in need of these nice, fat, fifty-nine cent dollars. Santa Claus, in the person of an American banker decides to float a loan for Taronia. In order to impress the American people with the soundness of such an investment, he brings along the beautiful Princess Catterina (Sylvia Sidney). No sooner has the lovely lady put her foot upon American soil than she is smitten with the beauty of the land...
...Attorney General is not a law 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...