Word: modeste
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Dates: during 1930-1939
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...name of the Bank for International Settlements. The Czech National Bank had a $30,000,000 credit with the B.I.S. The "World Bank," a Swiss corporation owned and operated by the central banks of the powers and a consortium of U. S. banks, keeps no gold in its modest headquarters at Basle, instead maintains deposits with the member banks, one of them the privately operated Bank of England. Goateed Montagu Norman, Governor of the Bank of England and a director of the B.I.S., had no other course than to return the gold to the B.I.S. Presumably the Czech National Bank...
...screen story to sell about Ellis Island. It was a flop, but since then Mike has been getting $50 a week from Twentieth Century-Fox (he says $150), sometimes working as an extra for other studios (Cafe Society, Fools for Scandal). He lives thriftily with his ikons in a modest flat in Beverly Hills, drives the right people to the right places in his two-year-old Cadillac, owes only a minor tailor bill, which is disappearing by installments...
...Roosevelt's decision to prime the pump once again by putting $4,000,000,000 of emergency money into circulation. Last week the President had made no such decision but speculators hoped for other forms of Government magic. They had reason to expect that business would get a modest boost from repeal of some of the more painful provisions...
Significance. The most notable feature of last week's stockmarket upturn was that so far as it rested on solid ground it was based on expectation of Government action. Imminent repeal of taxes on capital gains and undistributed profits entitle stocks to enjoy a modest two or three day rally. But for the first time in nearly a year the market ceased to be a slavish follower of production. Time was when the market presumed to anticipate changing trends in production three to six months in advance. In June 1938 the market anticipated production by only a few weeks...
Business began to pick up. Canadian Colonial set up its own shop, hired its own pilots. This spring Trans-Canada Airlines went into operation between Montreal and Vancouver, and Janas found himself operating the eastern U. S. link of an overnight run from Manhattan to British Columbia. Meanwhile, a modest advertising appropriation began to get Canadian Colonial its share of traffic between Manhattan and Montreal...