Word: interests
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Dates: during 1920-1929
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...Treasury Department announced its quarterly financing for March 15. It offered 475 millions worth of Treasury certificates to run for nine months at an interest rate of 4¾%. To Mr. Mellon it must have seemed very much as if the people were exacting usurious interest from their Government. In the last five years he has sold Treasury certificates bearing as low .as 2¾%. True, last October he was also obliged to pay 4¾%, but in December, coincident with a break in the stock market he was able to market an issue at 4¼%, although there...
...agreeing that the U.S. should adhere to the Court, the Senate stipulated in "Reservation V" that thereafter the Court must not without the consent of the United States, entertain any request for an advisory opinion touching any dispute or question in which the United States has, or claims an interest. The expression "has or claims an interest" could easily be interpreted to cover any question under the sun, and both European and South American statesmen are never tired of pointing out that there is no way of telling who is to impart or withhold "the consent of the United States...
...Attache of the Japanese Embassy in Moscow. Reason: "private." The following cryptic utterance arrived from Moscow the next morning: "It is needless to state a painful impression has been created in foreign diplomatic circles . . . when parties grow so rowdy that neighbors protest, the case becomes a matter of public interest...
James Noah Henry Slee, president of Three-in-One Oil Co., gives a biblical tithe of his income to the American Birth Control League, great controvert of the biblical injunction to be fruitful and multiply. His interest in the League is threefold. He is by hobby a sociologist, by avocation treasurer of the League, by choice husband (since 1922) of Margaret Sanger, the League's founder (in 1921). Between 1921 and 1926 his givings totaled $56,141, which he carefully deducted from his taxable income, because the American Birth Control League exists for "charitable, scientific and educational purposes...
...Last week call money was at 8% to 12%, time loans at 7¾%, commercial paper at 5¾%, bankers' acceptances (60 days) at 3 3/8%. The Federal Reserve rediscount rate was at the very bottom of the money market, was lagging far behind the general trend toward higher and higher interest rates. Theoretically an index to prevailing conditions, the 5% rediscount rate was actually an exception to them. That is why Mr. Warburg termed the rate "grotesque . . . out of line...