Word: lamonts
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Dates: during 1930-1939
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...countries worried last week. At the end of the week Mexico's silver troubles came to an abrupt climax with the announcement that for the next two years Mexico would suspend gold payments of $25,500,000 on bonds normally falling due Jan. 1, 1933 according to the Lamont-Montes de Oca agreement of last July. At the office of Finance Minister Luis Montes de Oca in Mexico City and at the offices of J. P. Morgan & Co. in New York where this announcement was given out simultaneously, officials fought shy of the word Moratorium, explained that this...
Like the Dawes and Young plans for German Reparations, the Lamont-Montes de Oca agreement provided for such a suspension whenever Mexican revenues, collected for the most part in silver, could not stand the pressure of translation into gold. Since 1929, the average price of silver has dropped from 53? to 29? an ounce. The suspension was obviously necessary. This however does not mean the suspension of all payment. Until Jan. 1, 1933, the Mexican Government will continue to make payments, but in silver pesos at the exchange rate prevailing last July when the debt agreement was signed...
...large bony plates in its mouth instead of teeth, with which it hungrily crushes hardshell crabs.* Potent and numerous are Nassau's habitues. They include: Publisher Nelson Doubleday, Publisher Conde Nast and his editor of Vanity Fair, Frank Crownin-shield. Bankers Thomas W. Lamont and Seward Prosser, Lady Diana Manners. Knowlton L. Ames Jr. of Chicago is not only a visitor but co-owner of the quaint Nassau Guardian, one of the world's few newspapers to be composed on inverted tombstones from old graveyards. Publisher Ames's partner is Miss Mary Moseley, spry member...
...Boston and Cambridge public have frequently found occasion to look upon the product with wide-eyed horror. The present irritation was caused by a drawing in the last issue depicting the now famous scrub women engaged in staging a Bacchanalia on the proceeds of the bonus supplied by Corliss Lamont and his associates...
Another late arrival was lanky Owen D. Young who came about 11 p. m. in full dress, accompanied by Thomas William Lamont of J. P. Morgan & Co. Looking taller than usual in his full dress, Mr. Young paused to peer down at and converse with small, able Isidor Kresel, counsel for Bank of United States, also the busy new special investigator of New York's magistracy scandals. Shortly before 3 a. m. Lieutenant Governor Herbert H. Lehman came, was hurriedly ushered into the conference room by James Herbert Case, chairman of Federal Reserve Bank of New York...