Word: loan
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Dates: during 1920-1929
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...Loans to Brokers. Since the spring of 1928, the Federal Reserve Board has been to reduce loans to brokers. These were last week about $1,500,000,000 than when the drive upon them Thus the drive obviously was fail Furthermore it was from the begin a lost cause. For almost the entire in loans to brokers came not from Manhattan banks, not from out-of-town but from private corporations. And, although the Federal Reserve could partially control the loans from banks, it could not at all control the loans from corporations. For the loans from corporations were...
...Last week President Hoover nominated: Charles Calvin Moore of Idaho as Land Office Commissioner; Horace Paul Bestor of St. Louis as head of the Federal Farm Loan Board, succeeding Eugene Meyer Jr., resigned...
Eugene Meyer Jr. was retiring as head of the Federal Farm Loan Board. A farewell dinner was in order. Mrs. Meyer ingeniously devised a system of four tables to circumvent the troublesome question of Precedence. She would head one table, Mr. Meyer another, Vice President Curtis a third, Mrs. Gann a fourth...
...entrenching a sloppy fluctuating marketing system. Congress is now called to remedy this situation, to provide "relief." The remedy as contained in the House farm bill: A new Federal Board with $500,000,000 in credits. Farm producers would join in cooperative associations to which the Federal Board would loan money at 4%. With this money the cooperatives would buy and hold enough of the crop to keep the supply down to the demand, thus eliminating a surplus, keeping up prices. Off-season they would dribble out for sale their crop holdings at a steady price. Likewise, to get more...
...Stung by the knowledge that despised and hated Austrians are now the "champions of champions," almost the whole Italian press spent the week in working itself up to a purple pitch of fury-even demanding that Italy, as one of the seven guarantors of the first League of Nations loan to Austria, should use her veto power to prevent the Austrian government from floating another loan (TIME, April...