Word: lumped
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Dates: during 1930-1939
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...issue of "double taxation" with the City of Basle. Radical aldermen have demanded that the city pry into the private income of each employe of the Bank (already taxed in his home country) and tax it again in Basle. The Bank retorted by offering the city a lump sum payment of 50,000 Swiss francs ($9,647) in settlement of all income tax claims. Last week the city of Basle balloted in referendum of the Bank's red-tape-cutting offer, accepted it by a handsome majority...
Soon the Associated Press rumored exclusively that the "Big Five" were thinking of offering to settle with the U. S. on the basis of a lump sum payment of between $1,250,000,000 and $2,000,000,000. Next day British editors called so big a lump "over-optimistic." In Washington Democrat Rainey bristled: "I think I can say that Congress will not approve such a reduction...
...Franklin Delano Roosevelt's approval, Sir Ronald tucked into his briefcase an assortment of new British plans, one reputedly a "lump sum" offer, sailed on the S. S. Majestic "with full instructions...
...Allies $700,000,000. This, plus $400,000,000 owed by France on her purchase of U. S. War stocks, totals $1,100,000.000. Last week London financiers threw in another $400,000,000 for good measure, took the grand total $1,500.000,000 as their "lump sum." The U. S. they opined (and in some cases wagered) will not collect more than that from all the Allied Powers. Any Anglo-U. S. settlement, they thought, will have to be made provisional until France comes to debt terms with...
...Bank of England, now being splendidly rebuilt on its old site while business goes on as usual. Bus drivers and bankers, typists and tycoons thrilled at the knowledge that on this day "The Old Lady of Threadneedle Street" was dipping into her chilled steel purse for the largest lump sum she had ever paid in gold in a single day, $95,550,000 worth, weighing about 150 tons and consisting of 11,500 bars...