Word: loan
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Dates: during 1920-1929
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...capita per annum. In practice, the annual burden per capita is being reduced more swiftly than that because when an astute Secretary runs the Treasury, he refunds the debt at lower rates as he goes along. Therein lies the banker's art, to buy in 4¼% Second Liberty Loan with $400,000,000 of borrowed money for which you only pay 3?%, as Secretary Mellon did last year. This year, the 4¼% Third Liberty Loan will occupy Secretary Mellon's attention. It matures on Sept. 15. Last week, Secretary Mellon offered 3½% Treasury Notes in exchange...
...form of a sliding scale arranged on the ability to pay, the only alternatives appear to be a gradual tuition increase or a continuation of the begging policy for American education exclusive of state institutions. The solution for the self-supporting student is in a highly developed loan fund system and increasing service and efficiency in personnel and employment bureaus. A college education is supposed to endow the average man with an adequate earning capacity which would enable him to repay a long term loan at a reasonable rate of interest. The injustice under such a system would be negligible...
Today healthy recovery conditions are signalized by three facts: 1) Japan's unfavorable foreign trade balance has been sharply reduced by wise retrenchment; 2) Money has grown sufficiently plentiful in Tokyo so that large issues of securities are again being placed there, notably the recent Osaka Municipal Loan; 3) Tourist spending in Japan is on the boom; 4) Japanese interests in Manchuria are prospering under the firm if iniquitous rule of Marshal Chang...
Contained in the following list are the names of the various concerns with which connections were made for the men, and the number that entered the respective fields: accounting five, advertising four, banking 61, bond, mortgage, and loan two, business manufacturing educational institution one, Business School five, engineering one, executive assistant one, film company three, foreign trade three, grocery company one, hotel management one, insurance five, manufacturing 26, office management two, public utilities 15, real estate two, retail department store 19, sales 11, statistical six, teaching 12, textiles three, transportation three, bank examiner one, investment council three, government...
When a weak sister among the nations (as Peru), who has been obliged to pay 7% and more interest on over $50,000,000, borrowed from stronger sisters (as Peru has done), has opportunity to borrow $50,000,000 at only 6% interest, she hastens to make the new loan. This Peru did last week, by selling $50,000,000 of 6% bonds through J. & W. Seligman & Co., National City Company and their syndicate associates. The Peruvian government has determined to devote at least half of the new money to buying back bonds which carry the higher rates of interest...