Word: loans
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Dates: during 1920-1929
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...most significant financial incident last week was the quiet withdrawal of the $100,000,000 bankers' loan to Italy. J. P. Morgan & Co. last fall headed a syndicate of 1,000 banks to float this loan, which was made immediately upon the arrangement of the Italian debt settlement. Enthusiasts oversubscribed the bonds at 94%, but their subsequent sale has been most lethargic. Last week the bankers withdrew their support, and the quotations dropped at once to around 89 with very little turnover...
...easier for speculation, the stock market kept fairly level during the past week. The fact is, some Manhattan money is passing to the interior states, while considerable is going into foreign investments. The final settlement of the French debt (see NATIONAL AFFAIRS) presages the floating of a large French loan here, the proceeds of which might be used to stabilize the franc and perhaps restore it to a gold basis...
That title is only the last on an imposing list: Bencher of the Middle Temple (1904); Member of Parliament from Reading (1904-13); Knight (1910); Lord Chief Justice of England (1913-21); Baron (1914); President of the Anglo-French Loan Commission to the U. S. (1915); Viscount Reading (1916); Special Envoy to the U. S. (1917); Viscount Erleigh and Earl of Reading (1917); High Commissioner and Special Ambassador to the U. S. (1918); Viceroy and Governor General of India (1921-26) (TIME, April...
...George V, R. I., is naturally harassed by artists anxious to paint his portrait and gain fame and pelf thereby. Recently Artist Richard Jack, R. A., failed to persuade His Majesty to grant a sitting, but was graciously allowed the loan of a sword, a field marshal's uniform on which were pinned many orders, and a cape-all indisputably fresh from the royal wardrobe. Thus encouraged, Artist Jack slapped these accoutrements upon canvas in an attitude "regally erect," which was reported to "make the King seem unusually tall and commanding." Pleased, His Majesty inspected it last week, deigned...
...royal property includes besides castles land, and works of art, a long list of incomes, pensions, stocks and bonds, indemnities,--all worth about two billion gold marks. Do the already overtaxed people wish to pay back from the government treasury an amount three times as great as the Dawes loan? If in their present needy condition they are willing to do this, they show a loyalty to rank and property strangely incongruous in a socialist republic. Capitalists who dread Socialism will then sigh with relief to find their worst bugbear so completely discounted in Germany. And political students who question...