Word: mortgagees
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Dates: during 1930-1939
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¶ Passed (57-to-24) the National Recovery bill; sent it to conference. ¶ Adopted a conference report on the $2,000,000,000 home mortgage relief bill; sent it to the President. Only on homes valued at $20,000 or less will the Government help to refinance mortgages. ¶...
Until last year the Brothers Drake held a contract to manage the Drake Hotel for $40,000 a year, plus living expenses for them and their families and 10% of all profits in excess of dividends. After $300,000 of back taxes had accumulated, the stockholders, including Architect Benjamin Marshall...
2) Interest rates on farm mortgages will be reduced to 4½% for the debtor and 5½% for the creditor. The Government will pay the 1% difference to mortgage holders with another 300,000,000 marks in Treasury notes.
¶ To the assault on and near-lynching of Judge Charles Clark Bradley by a mob of Iowa farmers because he would not waive mortgage foreclosure actions pending in his court (TIME, May 8 et seq.) : prison sentences (varying from six months to 20 days) for three of the six...
Last autumn the mortgage-burdened farmer plowed, harrowed and seeded 40,000,000 acres of good wheat land. The seed sprouted. The farmer returned to pass long winter evenings by his radio, leaving the care of his crop to the climate that God should provide. But snow did not come...