Word: loan
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Dates: during 1920-1929
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...necessity of a solution of this portentious unknown in the international equation. Mr. Keynes, in the most recent New Republic, outlines the French view. America sacrificed her money, as France sacrificed her blood and sinew, to attain a common result. The cash and goods advanced were called a loan in order to encourage economical spending, but in the first flush of victory they should have been generously cancelled. The British view is that France should follow England's example in arranging the steps leading to ultimate payment. The American view is that these loans are collectible and due like commercial...
...journalist was emboldened to remark that Russia could not pay her debts without first obtaining a loan. M. Herbette rejoined: "The recognition of her debts would help Russia to reëstablish her credit...
...issue was notable in two respects. It was the largest bond issue ever floated by the company, and the largest of any kind offered since the $150,000,000 Japanese Government loan of less than a year ago. Moreover, the terms of the loan were second only to those accorded to our Federal Government and our stronger states. The coupon of the Telephone issue is 5%, and the bonds were sold to the public at 95 to yield about 5.30. This interest charge is about one-third less than that recently obtainable by the Governments of Japan, Germany, France...
...Court of Ontario, the Honorable Irving Lehman, Judge of the Court of Appeals of New York, and Honorable Augustus Noble Hand, Judge of the United States District Court, Southern District of New York. They will be called upon to render a decision on a case in equity concerning a loan granted by James R. Sexton, plaintiff, to Charles M. Morgan and Albert G. Fortune, defendants. The latter will be represented by J. S. Myers 3L. and C. C. Williams R.L., of the Langdell-Marshall Club, while William Gresser 3L. and Melbourne Bergerman 3L. will be the attorneys for the plaintiff...
...bill was drafted to empower the Government to pay these installments as they came due. The Finance Minister proposed to subvert 800,000,000 francs from the budget for this purpose and add 400,000,000 francs from the proceeds of the Morgan loan, which is still intact. Chamber and Senate agreed, but the latter insisted upon adding a clause which prohibited the Government from using the Morgan money for any purpose except repaying the Bank of France, and which stipulated that any residue after the payment to the Bank was to be applied to repaying the banking house...