Word: loan
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Dates: during 1920-1929
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...expressly stated that it recognized only its moral and not its legal responsibility. The bill provides that those investors who have held bonds since 1920 or before are to receive 5% interest on the new issue and the Government is to redeem annually $6,250,000 of the converted loan at par. Those subscribers who are practically destitute are to receive a "social rental" (apparently a small annual repayment of principal in addition to interest) of 2% of their holdings, in no case to exceed a total of $150 per annum, the annual...
...lease with payment of alleged bribes to ex-Secretary of the Interior Fall. A payment of $25,000 in Liberty Bonds in 1923. after Mr. Fall had resigned from office and was in Mr. Sinclair's employ, was established. But the defense argued that this was a legitimate loan and had nothing to do with the Teapot Lease. The main part of the Government's case rested on a charge that certain Liberty Bonds- several hundred thousand dollars' worth-which were bought with the profits of an oil deal in which Mr. Sinclair and others took part...
...bonds due June 1 this year. All winter, conferences have been held, but the road's bankers, led by Jerome J. Hanauer of Kuhn, Loeb & Co. and President Charles E. Mitchell of the National City Bank, Manhattan, evidently refused to float a new refunding loan. In this they were no doubt quite justified, since such a loan could not have been placed below 6%, even if at that figure: and since, on that basis, about $1,000,000 additional fixed charges would have been saddled on the already over-burdened company. Accordingly, three receivers for the road were appointed, while...
...future of the St. Paul is probably in the hands of two bankers, Jerome J. Hanauer of Kuhn, Loeb & Co., and President Charles E. Mitchell of the National City Bank of New York. Neither very naturally will talk for publication, and whether they will undertake to fund the aggravating loan of $48,000,000 can only be conjectured, But that they have hitherto proved reluctant to do so is a fair deduction from their waiting policy during a period when new security offerings have been readily subscribed, and when rising money rates have foreshadowed a temporary slump in prices...
...Pinkerton '27, back. These men, with F. D. Stranahan '26 as substitute, left yesterday at 1 o'clock for New York, where they attended a dance last night in order to get some exercise after the long train journey. Mr. F. G. Carnochan '14 has been kind enough to loan his polo ponies to the University team for the game tonight...