Word: outflows
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Concerning the new French Loan he said, "Its significance lies in its effects upon the franc. The franc has been weak largely as a result of the continued outflow of capital which is to be associated with unsettled conditions in Europe and lack of faith in the French Popular Front Government...
...most effective manner of stopping the outflow of capital from France to the United States and starting a reverse flow is either to make economic (and political) conditions better in France or worse here," he said. "The latter can scarcely be termed a satisfactory solution...
Though her unceasing outflow of tunes has made her the friend of all U.S. choir-leaders, Mrs. Adams does not drive herself. Tall, bespectacled and dignified, she seats herself at her grand piano from 8 a. m. to 2 p. m. every day, says: "I just write what I know I can write." Words come to her from her unerring memory of Holy Writ. The anthems appear finally in a neat, vertical hand, a delight to music engravers. Her work done, Carrie Belle Adams devotes herself to her large collections of cream pitchers and quilts...
...This No. 1 U. S. banker declared last December that the U. S. was "running with the throttle chained wide open and the airbrake system removed from the train." On the other hand, the House of Morgan believes that excess reserves are by no means excessive, since a heavy outflow of gold would quickly pare them to more normal proportions. To Chairman Eccles the track looks clear as far as he can see. Moreover, he disagrees with Banker Aldrich about the air-brakes. As soon as he spies a red-signal around the Recovery bend, he can: 1) Double reserve...
...device to secure stable foreign exchange rates is that if forces the countries participating in the arrangement to keep in step industrially. Should one country of the group attempt to pursue an independent monetary expansion policy its imports would tend to increase relatively to its experts and an outflow of gold would result. If the country had a great amount of gold and if it were prepared and able to prevent the outflow from exercising a contractive effect on the volume of means of payment it is possible that the other countries in the group will pursue the same policy...