Word: loans
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Dates: during 1920-1929
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...Bank were complete, it was learned that nearly 8,000,000,000 gold marks of German capital had been traced in its flight abroad by the McKenna Experts Committee (TIME, March 3). Forecasts of the Dawes report indicated resentment at the idea of an Allied Commissioner General. The suggested loan to Germany of $200,000,000 was considered too small. Nationalists and industrialists bitterly attacked the whole scheme. Dr. Schacht opposed Allied control, saying "a nation of 60,000,000 cannot be subject to Ottoman control methods...
...Peers attacked the proposed recognition of the Russian Soviet Government. Lord Emmott said that the British Government's well-meant gesture had received a contemptuous, almost insulting reception from Zinoviev (Chairman of the Third Internationale). He said that a Russian memorandum to a London financial group demanded a loan of ?20,000,000 to ?30, 000,000 as a condition of the return of confiscated property in Russia. Lord Curzon, onetime Foreign Secretary, charged the Soviets with backing Sinn Fein in Ireland, training Indian extremists in Moscow for the special purpose of breaking up the British Raj in India...
...honor of Dr. Charles William Eliot a loan fund of $2000 has been established at the Harvard Medical School by an anonymous friend of the University. It will be used to assist needy students in the Medical School, under provisions to be determined by the Dean, and will be known as the Charles William Eliot Loan Fund...
After the protracted struggle in the Chamber of Deputies (TIME, Feb. 18 et seq.) the Emergency Taxation Bill, which had since the fall of the franc become indispensable to the negotiation of the loan of $100,000,000 from J. P. Morgan & Co., faced the possibility of defeat in the Senate. There the Government rested on a doubtful majority...
Although it is denied that there is any political flavor to the transaction, last week, Mussolini and the Polish Minister to Italy, M. Zalewsi, assisted by Signor Toplitz, manager of the powerful Banco Commerciale Italiana, agreed to a loan whereby Italy lends 400,000,000 lire ($20,000,000 at normal exchange) to Poland. The ceremony had an official character, is considered in some circles to be an "Italian answer" to the recent French loan to Czecho-Slovakia...