Word: loans
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Dates: during 1930-1939
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...some of the Houses the feeling has arisen that the House libraries should extend the customary overnight loan privilege to cover a more generous interval. The first practical stop taken in line with this feeling came recently when Adams House decided that unreserved fiction might be kept out by House members for a period as long as a week...
...burden of expenses has been greatly relieved through the work of the Loan Fund. A man may borrow $300 the first year, and $600 the second. In addition, there are fifty-three service scholarships for poor men, not to mention numerous Alumni Club scholarships...
...smuggled opium. Pamphlets dropped from airplanes, charged Mr. Fuller, instruct Manchukuo farmers in the best ways of growing opium. Stamped on the new money of Manchukuo, he sarcastically observed, is "a beautiful poppy in full bloom!"-an opium poppy. Of the Manchukuo Opium Monopoly, financed by a Japanese loan, Mr. Fuller snapped, "There can be no question that the concern was established for the express purpose of extending and exploiting the smoking of opium!" Across the League table, as these charges were hurled, sat Japan's placid Masayuki Yokoyama, puffing a cigar. Japan has re-signed from the League...
Other people believed in Arthur Joseph Morris and the "hybrid and mongrel" notion of banking became the Morris Plan banks in 150 U. S. cities. Founded on a desire to provide the laboring man with a better source of credit than the fleecing loan shark, the Morris Plan is today dignified by the name "industrial banking." Morris Plan Banks ("companies" in some states where only an orthodox bank may use the word) make loans of $50 to $5,000 largely on character, earning power and two indorsements - a type of business which many commercial banks find un profitable. Some...
Converts. Acting Secretary of the Treasury Dean Acheson announced last week that 40% of the 4th Liberty Loans called for redemption next April (TIME, Oct. 23) had been offered in exchange for the new 4¼-3¼-10-12 year bonds of the issue announced in October, but public enthusiasm for the new bonds waned somewhat last week due to the Administration's experiments with a rubberized dollar. Banks and bond dealers who had bid heavily in the cash subscription of the new issue were surprised by getting bigger allotments than they expected. Sales of unwanted bonds...