Word: payments
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Dates: during 1930-1939
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...threat of such credit inflation that gives bankers like Chase National's Chairman Winthrop Aldrich the jitters every time they think about it. And, through the mysteries of central banking, excess reserves are about to take another rise as a result of the payment of the Bonus, the Reserve Board estimating that the total will be about $3,400,000,000 by mid-August. This will be merely a delayed rise, since the real cause of mounting bank reserves is the flow of foreign gold...
Without comment the thoughtful New Republic published a list of 158 companies with the names and salaries of their highest-paid officers, paralleled this list with another showing the average weekly wage in their industry. Payment ranged downward from $304,398 for American Tobacco's George Washington Hill to a low of $40,000, found in four instances, while average weekly wages ran from $38.45 (fire insurance) to $12.53 (textile). Outstanding disparity: Mr. Hill's compensation contrasted with the average $13.76 a week earned by workers in the tobacco industry...
...purely English problem, tithes have been collected since 786 A.D., mainly to support the Church of England, farmers originally paying a tenth of their crop to the parson. Since 1836 cash payment has been enforced, and in 1936 rural indignation is such that of 5,500 court orders obtained last year to enforce payment of tithes not one was executed. The Tithe Bill, as passed, is to end tithe payments as such by handing to the Church and certain swank "public schools" gilt-edged stock worth $350,000,000 and paying 3 % interest guaranteed by the State. In turn...
Even a flock of favorable dividend actions last week failed to spur the market over its previous high. Westinghouse Electric raised its annual rate ($3 to $4). Young Walter Paul Paepcke's Container Corp. declared a 25? payment, its first in five years, and Texas Pacific Coal & Oil a 25? payment, its first in more than eight years. Harry Ford Sinclair's Consolidated Oil went on a regular 60? annual basis with promises of extras. U. S. Smelting & Refining raised its periodic payments from...
...Canadian Province of Alberta which elected W. C. Aberhart as Premier on a Social Credit platform recently (1 made the platform effective and began paying a $25-a-month dividend to every citizen, 2 defaulted payment on two bond issues, 3 refused to accept financial aid from the Dominion Treasury, 4 impeached its Premier, 5 prevailed upon the founder of Social Credit to assist in making the plan effective...