Word: onefourth
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Dates: during 1927-1927
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...been president of the Reichsbank since 1924. He is a stern man to deal with, imperturbable and ruthless in carrying out a fiscal program. Only seven weeks ago, when German speculators were running wild, he passed put instructions that loans to Berlin stock market operators be instantly reduced by onefourth. There was panic on the Berlin Bourse (TIME...
...Governors pondered. By admitting foreign stocks for listing under stringent Exchange rules, most of these problems would be solved. The Exchange could handle them, because it intends to increase its floor space by onefourth; and the members are eager for them, because they would increase exchange transactions by $1,000,000,000 yearly, yielding large brokerage fees...