Word: payments
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Dates: during 1920-1929
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...such liabilities are outstanding, and the funds which they represent have produced conditions bordering on "boom prosperity" in some areas. Agent Gilbert sternly warned that under Article 248 of the Treaty of Versailles the repayment of such loans is made secondary to and contingent upon the prompt payment of reparations. He concluded: "The States and communes have played a major part in the gen eral tendency toward spending in excess of resources which has recently characterized public finance in Germany...
...pledged on the subscription blanks given out on registration day, $5000 was collected at that time. Bills for the remainder, which the subscribers promised to pay before December 1, were sent out by the Committee and it is on these that payment is urgently needed...
...Schwab's speech was significant because it phrased authoritatively the attitude of scientific industrial managers toward their employes. Said he: "What are these reasonable wants of employes, which they have a right to see satisfied as far as conditions of industry permit? I believe they include the payment of fair wages for efficient services; steady, uninterrupted employment; safeguarding of their lives and health; good physical working conditions; provision for them to lay up savings and to become partners in the business through stock ownership; and finally, some guarantee of financial independence...
...member, some large private bank with which it is affiliated may give it re-discount service. The Federal Reserve banks have been fairly liberal at discounting commercial paper which represented commerce within the U. S. Foreign transactions are more risky than domestic. Longer time intervenes between shipment and payment; facts about a foreign businessman's credits are less certain; goods may be lost or damaged in shipment. Therefore the Federal Reserve banks have been reluctant to accept foreign trade acceptances for re-discount. Of the nearly billion dollars worth of such paper in the U. S., the Federal Reserve...
...principle of retroactivity, the new law having been passed in January, 1926, and made effective as from 1917. It was this procedure that the Supreme Court judges held contradicted the spirit of the constitution. Moreover, the President, Senor Lombardo held that the penalties were tantamount to confiscation (forfeiture without payment) and were therefore unconstitutional...