Word: hooverness
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...last October the U. S. State Department got down to the point of making Ambassador Troyanovsky an offer of practically what Russia had been refused by Presidents Harding, Coolidge and Hoover. The offer: the U. S., while not ready to make an outright Government loan, would set up a revolving fund to finance Soviet purchases. Russia would pay for the use of this fund an interest rate of some 9%, the entire transaction being for an amount so large that interest payments by Russia would more than suffice to wipe (jut the principal of all U. S. claims. Had President...
Last week President Roosevelt received another complaint about his Secretary of the Interior, this time from Senator Pat Harrison of Mississippi. The point at issue was Mr. Ickes' antipolitical administration of the Virgin Islands. Secretary Ickes had insisted that Paul Martin Pearson, sexagenarian Chautauqua organizer appointed by Herbert Hoover as Governor of the Virgin Islands, should not be removed to make room for a deserving Democrat. Senator Harrison had a job-seeking friend named T. (for Thomas) Webber Wilson of Mississippi who in 1928 gave up a seat in the House to run for the Senate and lost. Lest...
...illogical. For most businessmen the Administration's dollar tinkering brought little except uncertainty. Domestic prices failed to rise in proportion to the cut in the dollar's value, and debts, particularly corporate, remained almost as hard to pay in 59? Roosevelt dollars as they were in 100? Hoover dollars. If the Supreme Court upheld the gold clause, it might mean that perhaps $100,000,000,000 of bonds and contracts dated prior to June 1933 would have to be paid at the rate of $1.69 for every $1 borrowed. To most debtors such an added burden would prove...
...bank that received or paid out cash when, at 43, he was elected president of the Bank for International Settlements. B. I. S., known as the "Bank without a Vault,"* had been handling Reparations payments under the Young Plan. When the Young Plan payments were stopped by President Hoover's moratorium, Banker Fraser helped develop a profitable sideline in League of Nations loans and transfers among European banks. Last week President Fraser, deaf to all pleas from his B. I. S. associates, announced that he would not be a candidate for reelection when his term expires next May. Observers...
...Psychology 9 Emerson 211 Sociology 7a Emerson A Spanish 7 Sever 24 2 P.M. Economics A Dr. Abbott, Sec. H Memorial Hall Mr. Baker, Sec. L, U Memorial Hall Mr. Daly, Sec. V Memorial Hall Dr. Davis, Sec. J Memorial Hall Prof. Frickey, Sec. S Memorial Hall Dr. Hoover, Sec. A Memorial Hall Dr. Hunt, Sec. M Memorial Hall Mr. Lamb, Sec. P, Q Memorial Hall Dr. Oakes, Sec. D Memorial Hall Dr. Ross, Sec. N, T Memorial Hall Dr. Shaffner, Sec. E, G New Lect. Hall Dr. Smith, Sec. F, W New Lect. Hall Dr. Wallace...