Word: loosening
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...direct loans program will go toward loosening the long-term capital market will depend on how liberally its administrators accept collateral. The bill stipulated that borrowers must be solvent and collateral adequate. All applications are to be submitted first to the Federal Reserve. If rejected there, they may be taken to RFC without prejudice. How liberal Jesse Jones, who has been yammering "Loosen up!" to bankers for months, will be may be guessed from the fact that one of his chief ambitions is to match the record of Eugene Meyer's War Finance Corp., which paid back...
True it is that advanced degrees should be made more valuable and that a boosting of requirements, whether language requirements, whether language requirements, or concentration requirements, is the only logical solution. But the Department should not lose sight of the practical complications of their act. If the preparatory schools loosen their language requirements in general and their Latin requirements in particular, and the college reduces its language requirements in favor of the Tutorial system, the source of preparation for the examination is a moot question...
Ever since he thus addressed the American Bankers Association last summer, RFC Chairman Jesse Jones has been hammering away at the idea that commercial banks must loosen up on industrial credit to finance recovery. By way of example this big breezy Texan scattered hundreds of millions of dollars in Federal loans up and down the country. If commercial bankers refused to follow his pace, he threatened again & again to put the RFC directly into the commercial banking field and take away the business of private sluggards...
...meaningless through the ignorance of an indifferent student body, and the celebration of an occasion which is as fraught with historical significance as the coming tercentenary should be more than a round of ostentatious ceremony and speech-making led by the faculty and the alumni, with intent to loosen the purse strings of generous graduates. It should be a matter of great interest and pride as well to the students who are very much a part of the oldest college in the country. With a new constitution, which it is hoped will obviate the former tendency of the organization...
...finance new costs before new profits accrued. Why? Because many banks were hoarding their commercial credit. Why? Because they wanted to be completely liquid to qualify under the new deposit insurance system Jan. 1. Chairman Jones was deluged with advice as to how his R. F. C. could loosen its resources, break the credit deadlock. How to speed the reopening of banks frozen shut since winter was another topic of lively debate. Comptroller O'Connor reported his efforts to date. The President thought much more could be done with aggressive R. F. C. aid, in "hard" money. Secretary Wallace...