Word: hollander
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Covering Scandinavia and Holland in two months' time, and embracing a program of concerts in old churches and outdoor folkparks, the trip will be made strictly as a contribution to international relations. Letters from the countries involved give every indication the Club will be welcomed heartily...
...tour is being made with no intention of taking profits from the countries visited, "Peterson emphasized. "Accordingly, it has been planned as nearly as possible on a self-sustaining basis within each country visited. In Holland, any proceeds will be given to a sanatorium foundation for disabled exunderground workers...
...Holland's largest corporations is the Royal Dutch Petroleum Co., a $440,000,000 concern. An estimated one-fifth of its stock, or $45,000,000 worth, is held by U.S. investors, who, like the Dutch stockholders, have first option to buy any new shares issued. Last week the company announced a whopping new $114,000,000 stock issue. But the Dutch government, by means of new currency controls, virtually froze U.S. investors...
Investors could buy the new shares only in Holland and at the official rate of 38? to the guilder, more than three times the free market rate in New York. They could either sell their options in the U.S.-at a huge discount caused by the Dutch regulations; or in Holland, where the proceeds would be frozen. The Dutch blandly said they were only trying to prevent a dollar drain...
Into New York harbor last week steamed the refurbished 36,667-ton Nieuw Amsterdam, flagship of the Holland-America Line and faithful troopship through World War II. The Nieuw Amsterdam was the 30th big liner to go into transatlantic passenger service since the war. The liners include eight U.S. Maritime Commission ships converted from troop transports to temporary peacetime service. The others...