Word: loans
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Dates: during 1920-1929
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...loan to Germany under the Experts' Plan (TIME, April 21), floated in the U. S. and Europe, was fully subscribed in Manhattan and London in a "few minutes." Much the same story came from France, Switzerland, Holland, Belgium, Sweden, Italy...
...Round condemnation: "Under that treaty, the rightful claims of British subjects are whittled down to an undefined extent, and Parliament is to be asked to commit itself in the eyes of Russia and of the world to the principle of guaranteeing that the British taxpayer shall repay the Bolshevist loan if the Bolsheviki, in accordance with their practice, should fail to repay that loan...
...denied that a rehabilitated Germany will make for the prosperity of our own people. The successful operation of the loan will affect America, in particular, because it will very likely increase the ability of Germany once again to buy in our markets. Germany before the War was our second best customer...
Alanson B. Houghton, U. S. Ambassador to Germany, home on leave, spoke at Chicago about Germany. The burden of his speech was that the Experts' Plan stood between Germany and utter ruin. He stressed the importance of the loan to Germany (see REPARATIONS...
Other Facts. The safe arrival of the ZR3 was insured by Dutch and German companies for $600,000. Some said her purpose in sailing direct to Manhattan was to aid the German loan, the securities of which were offered to U. S. investors just previous to the big ship's arrival. The only Americans on board were the four members of the U. S. Naval Commission, pictured by The New York World as sitting "like drummers in a Pullman car" playing cards in mid-air and mid-Atlantic...