Word: loan
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Dates: during 1930-1939
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Circulating in world capitals for days were vague reports that the British Government was again negotiating with Adolf Hitler over the impending crisis in the Free City of Danzig. One account told of a "positive peace plan" in which the Germans would be offered an international loan of $5,000,000,000 to enable them to change the Third Reich's economy from a war to a peace basis. Another story, originating in Washington and printed in the Philadelphia Inquirer, predicted a five-nation conference between Great Britain. France, Germany, Italy and Poland which would give Danzig to Germany...
...many hours, they had drafted an agreement, the gist of which was that in return for Adolf Hitler's good behavior Great Britain would see that Germany had access to world markets and to raw materials. To help the Third Reich turn its swords into plowshares an international loan would be granted, although Mr. Hudson later denied that any mention of $5,000,000,000 was made...
...knew nothing about them in advance, the Prime Minister reiterated. The Secretary and the foreign trade expert were simply discussing how international confidence could be restored, and naturally they mentioned international trade, barter agreements, exchange restrictions, import quotas. But there was "nothing unusual" in the talks and certainly no loan was proposed...
...Poles were pleased with this outward demonstration of British-Polish military solidarity, which was far more understandable, if not more important, than a temporary breakdown at London of negotiations for a British military loan to Poland. There, Sir Frederick Leith-Ross, Economic Adviser to the British Government, insisted that the Poles spend the projected $25,000,000 loan in Britain. Head of the Polish Finance Commission Colonel Adam Koc was equally insistent that no strings be attached to the loan, and once last week he threatened to leave London in a huff. At week's end there was talk...
Last week the Senate Banking and Currency Committee put new Federal Loan Administrator Jesse H. Jones on the carpet, asked him about the success of Federal lending. To a query about the amount of losses on RFC loans to business, the retiring RFC Chairman admitted: "I am ashamed to tell you what I think it will be. It will be plenty...