Word: lent
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Dates: during 1930-1939
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...Recon 000,000,000 in R. F. struction Finance C.'s capital for loans sale"Corp.'s of its capital by the securities to ing"an}'State,person"-corporationormean- (which are indirect ob-individual, ligations of the U.S.) This is fund would be lent to States , counties , cities or public corporations to finance such self-liquidating projects as toll bridges, tunnels , via ducts, waterworks , docks and canals . Only two forms of private industry could borrow from this fund: limited- profit housing corporations fors lumeradication: construction concerns engaged to execute public works programs. Set aside also...
...eunuch, Taabor Pasha, Corisco's highly oriental Prime Minister. French Financier Martignac was making negotiations concerning a loan. At a diplomatic tea given by Mrs. Early, Karadagh's English mistress, the boys met everybody, made friends everywhere. Mr. Jarvis, the capable U. S. minister, was especially friendly, lent them a legation car when they had to leave. In a mountain defile their car hit a hidden barricade, both boys were shot to death. The scandal was immense. Under U. S. pressure Taabor Pasha handed over the government to Karadagh. Attracted by the furor came Star Reporter Manfred...
...stadium and the band have 'one for athletics. The more frequent contact between student and tutor, between sophomore and senior; worth-while conversation in the dining halls; the establishment of discussion groups and Economic societies, stimulated by visiting speakers at House gatherings; the propinquity of House libraries, have lent themselves to an emphasis on academic work as the central task in hand. Harvard has changed physically; but those who value it for the intangible things that have made it famous, may feel assured that the House Plan in its chief influence is one of these...
Under its terms Reconstruction Finance Corp. was authorized to raise an additional $300,000,000 by debentures. This sum was to be lent States, at 3%, on the basis of population to feed the hungry and clothe the naked. States in turn could pass their borrowings along to municipalities to care for local distress. Repayments were provided for by deductions from Federal allowances for highway construction. Typical State allotments for relief: Illinois, $18,645,452; Oregon, $2,330,570; Texas, $14,232,652; Nevada, $222,500. The Wagner bill was forwarded to the House for action...
...intensive form of U. S. security purchases such as the Reserve Was been using to pump credit into the country (see p. 43). In theory a Federal Reserve member bank would sell a "government" to the Reserve, withdraw the proceeds in paper money, which in turn would be lent out to commercial customers seeking cash. As the quantity of currency in circulation increased its value would decline and the prices of commodities would climb until they reached the 1926 level. Then the Reserve would stop buying Federal securities, the fall of the dollar would halt, prices would stabilize and everybody...