Word: loans
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Dates: during 1920-1929
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...Passed the House's bill authorizing the settlement of the Greek War loan at $18,125,000 over 62 years, and providing for a new 20-year Greek loan...
...stabilization loan of $105,000,000 will be floated as a result of legislation passed, last week in Bucharest, by the Rumanian Chamber of Deputies. Behind this transaction stand the central banks of 14 nations.* Their joint representative in Rumania will be a Frenchman, suave Charles Rist. Last week M. Rist resigned as a Deputy Governor of the Bank of France, hopped a train for Bucharest. There he will assist the new Peasant Government of Rumania (TIME, Nov. 19) to place the leu on an absolute gold basis at its present rate of exchange, 167.18 lei to the dollar...
...Manhattan bankers who have finally put through Rumania's stabilization loan, after trying for years and years are Dillon, Read & Co., Blair & Co., Inc., and the Chase Securities Corp...
Sweden's enormous Match Trust the Tandsticksaktiebolaget (TIME, Oct. 1) will take over $30,000,000 of the Rumanian Stabilization Loan (see above), will receive in compensation a monopoly of all Rumanian matchmaking and selling from July 1929, for 30 years...
...into a private debt, by selling German bonds in the world market and using the cash realized to pay off the state debt at once, leaving the new private debt to be paid off in the course of years. Thus a lofty obligation would be "commercialized" into a vulgar loan. The advantage to the Governments concerned would be that, if Germany should default, mere private citizens would be left holding...