Word: loans
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Dates: during 1930-1939
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...Stanley Baldwin found the outgoing Cabinet at No. 10, proceeded to reorganize it as his new Cabinet on the spot. The sinecure he had held, Lord President of the Council, he bestowed on Scot MacDonald, who is thus assured of ?2,000 ($10,000) per year for the further loan of his prestige. To the nation Lord President of the Council MacDonald soon declared: "I hope the confidence and support given the National combination I headed will be renewed to the same combination under its new Prime Minister...
...major Bolshevik objective pursued without success ever since the fall of Tsardom: to float a fat Soviet loan abroad and get Bolshevik bonds regularly listed on an exchange outside Russia...
...first New Deal agencies was Home Owners' Loan Corp., formed to furnish urban mortgage relief by issuing its bonds in exchange for distress mortgages. Under John H. Fahey, a New England publisher, banker and shipbuilder, HOLC has lifted almost one-fifth of the U. S. home-mortgage burden, has brought relief to 862,000 small homeowners. Last November, with $2,000,000,000 of its $3,000,000,000 capitalization already dispersed and 400,000 cases pending to use up the rest, HOLC suspended all applications for loans. By March, 30% of HOLC's debtors were...
...cast, hulking Premier Flandin held daily bedside conferences with elderly, crop-headed Finance Minister Louis Germain-Martin and Governor Jean Tannery of the Bank of France. In 1926 white-chinned old Raymond Poincaré had been able to halt a similar crisis by increasing taxes, by floating a heavy loan on the Government tobacco monopoly. But in national prestige Premier Flandin was no Poincar...
Next day the meticulous Times made this correction: "John V. W. Reynders did not borrow a nickel from Andrew W. Mellon yesterday. . . . Mr. Reynders did indeed ask Mr. Mellon for a loan of 5¢ but his employer ... did not have the money...