Word: moratoriumed
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Dates: during 1930-1939
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...House & Senate Committees did not begin their labors on any of these measures. Instead they turned first to relief legislation. From the Ways & Means emerged the Moratorium resolution to make big black headlines (see col. 3). Less spectacular but no less important was the work of the House Banking & Currency Committee. First it framed a bill for $100,000,000 additional capital to the Federal Land Banks and then heard Eugene Meyer, Governor of the Federal Reserve Board, on the merits of a $500,000,000 Reconstruction Finance Corp. as requested by the President. The Appropriations Committee reported...
Once the House got moving, it clicked off legislation at top speed. Much to the loud dismay of voteless Washingtonians, it approved proposals by Michigan's Mapes for a District of Columbia tax on incomes and increases in the gasoline and estate levies. It whirled through the Moratorium in eight hours (see col. 3). It passed a measure appropriating $203,000,000 for bonus loans, $120,000 for additional employment agencies. It okayed the $100,000,000 capital increase for the Federal Land Banks after voting down (190-to-165) a general farm moratorium amendment...
During the first fortnight of the 72nd Congress the Democratic House gave a much better legislative account of itself than the Republican Senate. Though the Senate expected the Moratorium to be passed, it was not to be hurried. Leaders' plans to rush it through in one day, to wear the Senate out by sitting until midnight, were balked by Senator Johnson who thundered: "'Haste, haste, haste!', they say. I will tell you why-they know that the international committee meeting at Basle is going to recommend a two-year extension, and they want this...
...power but of God: the powers that be are ordained of God." In his inaugural address he promised more road building, economy, better schools. Republican Sampson by his side premised him "unstinted support," added: "We who love Kentucky realize one of the most outstanding needs is a moratorium on selfish, low, mean, part politics.""Both the Laffoon and the Sampson feet ached before a two-hour parade had finished its march...
Things started with a rush when Dr. Carl Joseph Melchior of Hamburg, partner of the German Warburgs, handed out a voluminous memorandum to show that no matter what happens after the Hoover Moratorium, Germany can never again pay Reparations under the stiff schedules laid down by the Young Plan. He had figures to show that the Albert Henry Wiggin Report of last August underestimated Germany's foreign debts by nearly a billion dollars. He admitted that Germany had at the present moment a favorable trade balance of about $83,000,000 a month, but it could not last. German exports...