Word: interest
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Dates: during 1920-1929
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...cans in which they were preserved and for this reason these goods were carried in the after part of the ship while the earth inductor with which the earth's magnetic forces were measured was carried forward as far away from the stern as conditions permitted. It may interest your readers to know that the anchors carried were made of bronze and the anchor cable was very heavy Manila hawser. All stoves in galley as well as cooking utensils were of nonmagnetic material...
What accounted for President Hoover's particular interest in this Congressional investigation was the manner in which his name had been bandied about by the Cuban Sugar Lobby, directed by Herbert Conrad Lakin. Lobbyist Lakin had hired as the Lobby's Lawyer Edwin Paul Shattuck, because Mr. Shattuck was a Hoover friend, had done legal work for the President, such as drawing leases. This connection Lobbyist Lakin had so magnified in widely scattered letters as to create the impression that President Hoover was cooperating with the sugar lobby. Excerpts from the letters of Lobbyist Lakin...
...would farm out in smaller loans to individual cooperatives, adding "a small additional charge," presumably 2% or 3%. In effect the cooperatives would be paying the same rate-6%-as private commission men for cash. Chairman Legge carefully explained that whatever profit the national cooperative made from the additional interest imposed would in the end go back to the local cooperatives as members of the national body. To many a husbandman this seemed a long and risky way round to the "cheap money" he had been promised...
Maurice Falk, rich Pittsburgher, established a $10,000,000 trust fund (Maurice & Laura Falk Foundation) "for the promotion of educational, religious, charitable, philanthropic and public interest." Administered by his nephew Leon Falk Jr. (with whose father he gave the $900,000 Falk Clinic to the University of Pittsburgh) and six others, the principal & interest of the fund must be exhausted in 35 years...
...indicate the culmination of the long established drift of the London market away from its position as world's leader. "Home Rails," long considered a prime investment, have seen the cycle bring Depression, as have Industrials. British Consols, once the "world's safest security" have depreciated with high interest rates. Last week's lowering of the Bank of England's discount rate to 5% and the shipment of $21,000,000 gold from New York were bullish items on the London market but could not compensate for the collapse in the gigantic Royal Mail and doubts concerning Kylsant, "Lord...