Word: lend
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...Congressmen and planters whose demand for 20? cotton had been shunted about Washington for days. They got into the White House only on the promise that they would hush their inflation talk and stick to cotton. Day after their visit the President announced that the Agricultural Adjustment Administration would lend planters 10? per Ib. on unsold cotton, provided they agreed to reduce their 1934 crop 40%, their 1935 crop 25%. That was 1? per Ib. above the spot market price and represented a potential outlay of $400,000,000 by the Government. Cotton futures went churning up above the proposed...
...Federal Government is prepared to lend money to these banks for new capital. The Reconstruction Finance Corporation can lend an unlimited amount by purchasing the preferred stock of banks or trust companies. Congress either forgot or deliberately failed to limit the amount of preferred stock that can be bought. At one time it was believed at least two billion dollars would be needed for that purpose. But now it is assumed that less than a billion will do the trick...
...case, however, of those banks which have been closed and money new is needed to release deposits, the Reconstruction Finance Corporation will lend actual cash and the banks in turn will notify depositors that half of their money is going to be available to them. This probably will not occur until after the first of the year, though a determined effort is going to be made to release as much as possible in the mean time...
This is the desire of the Reconstruction Finance Corporation which is willing to lend to such corporations so that they may in turn lend money to businesses that need it and can give mortgages on plant or machinery or equipment or stock on hand...
...which have sold down to 70, failed to rally. Many thought that the new taxes would yield not big revenue but big law suits. The bankers of the city, who already hold $200,000,000 of the city's short-term obligations and have been asked to lend $72,000,000 more in the immediate future, wrote a letter to Mayor O'Brien. Five of the city's highest fiscal potentates told him plainly: "The problem cannot be permanently solved, and the city restored to the high credit position to which it is fundamentally entitled, without...