Word: loans
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...Last week President Roosevelt appointed John James Elaine, onetime Republican Senator from Wisconsin, to the board of Reconstruction Finance Corp. Other appointments: Massachusetts' John H. Fahey, onetime president of the U. S. Chamber of Commerce, to the Home Loan Bank Board; New Hampshire's Raymond B. Stevens to the Federal Trade Commission; Basil Manly, onetime investigator for the Senate, to the Federal Power Commission...
Public Works. To make several million new jobs the President is handed $3,300,000,000 for public works. Part he will spend on Federal buildings, new warships, the Tennessee Valley development, river & harbor improvements. The rest he may give, not loan, to states and cities to build roads, sewers, bridges, waterworks, docks. There are no strings about self-liquidating projects and only his own conscience limits the President's giving power. To provide money the House passed a $3,459,480,908 deficiency appropriation bill-largest in U. S. peacetime history.* Loud were the Republican yells that this...
Chancellor Dollfuss claims for publication that Austria can be entirely self-suffi-cient. An able economist, he does not believe it possible at present. Last week sorely needed help was on the way from two quarters. Loan negotiations were being concluded simultaneously in Rome and Paris to make available to Chancellor Dollfuss the Italian and French shares of the $43,000,000 international loan pledged at Lausanne last July...
Vexed last week was upright Winthrop Williams Aldrich, brother-in-law of John D. Rockefeller Jr. and president of Chase National Bank (world's largest). And with good cause. Banker Aldrich had read in TIME, May 15: ". . . Of Chase's $30,000,000 first loan [to Cuba], $2,000,000 went into commissions-$500,000 to 'Wood Louse' Obregon" (Jose Emilio Obregon, son-in-law of Cuba's President Machado...
...Senor Obregon not as an individual but as the Chase's Havana manager. After deducting expenses, including legal fees of $58,055.07 for Cuban lawyers (Antonio de Bustamente, Hernandez Cartaya, Garcia Montes) the balance of the commission, some $375,000, was distributed among the original underwriters of the loan: Chase National Bank, Chase Securities Corp., Blair & Co. Inc., Equitable Trust Co., Continental Bank of Chicago...