Word: payments
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Dates: during 1920-1929
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...meet Dr. Schacht, the German spokesman, half way. External war debts, on such a scale as at present, are a new phenomenon in international affairs. Their effect on the national economy is not well understood, and so long as the world sticks to its determination to see them paid, payment must proceed slowly and be safeguarded as far as possible...
...stand large losses, or unnecessary loss of confidence on their part might produce liquidation which would be disastrous to German borrowing. Nations which find Germany a good market for their goods, and secure from Germany many necessary goods in return, would be injured. The problems of Allied debt payment would be sharpened. Allied budgets, dependent on reparation payments, would be endangered...
...Schacht merely roared at correspondents: "Neither the figures nor the conditions are acceptable to Germany! We would rather-far rather-remain under the Dawes Plan!" Later Germany's testy '"Iron Man" said that the allied proposals had struck him with "surprise and shock." Whereas the annual reparations payments under the Dawes Plan are $395,999,999, and whereas Dr. Schacht has been contending that Germany can pay no more than $332,000,000 yearly, the $28,000,000,000 bill works out at an average annual payment of some $500,000,000. The creditor powers further sought...
Important, though seldom discussed, is the manufacturing ratio between a day's pay and a day's work. Last week Gerard Swope, president of General Electric Co., discussed piecework versus timework payment, said that ''modifications of the piece rate system" had been introduced in General Electric plants. Figures on num-ber of employes, total salaries and total sales showed that in 1928 General Electric Co. had paid an average of 73,526 employes $134,056,000 and had received orders for $348,848,512 of C. E. products. The average employe therefore was paid...
...somebody's shoes or soap into his next sermon, or sounding the Astronomer Royal as to the possibility of keeping the clock back for half an hour during a big sale. ... Its acceptance would be the last depravity of corruption in literature. . . . For ... an author to accept payment from a commercial enterprise for using his influence to induce the public to buy its wares would be to sin against the Holy Ghost. ... By all means let our commercial houses engage skilled but nameless scribes to write their advertisements as such. But a writer who has been consecrated by Fame...