Word: planned
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
...export debenture plan. They dutifully assembled all possible arguments, which President Hoover then consolidated in a ten-point broadside against the plan. In a public letter to Chairman McNary of the Senate Committee on Agriculture, he contended that export debentures would: 1) Be a $200,000,000 per year "direct subsidy"; 2) be a "gigantic gift" to speculators "without a cent return to the farmer"; 3) cause overproduction; 4) retard diversification; 5) be resorted to by the Federal Farm Board because "the tendency of all boards is to use the whole of their authority"; 6) produce "manipulation" in the export...
...then the Fatherland would pledge unconditional payment of the 15 billion dollars. The second offer provided for pay ment of the same amount but was conditional and so drawn as to provide even more protection for Germany than that country already receives under the "transfer clause" of the Dawes Plan. In fairness to Germany it must be remembered that the Fatherland was stripped of colonies after the War, and thus deprived of raw materials which would very materially have assisted debt payment. It is conceivable that in German East Africa alone there may eventually be found enough gold, copper, coal...
Eighteen months have passed since virtually every Government in the world received officially a copy of the plan outlined above. However, when the delegates were asked their opinions, last week, they nearly all sat silent. After a considerable pause General Alberto de Marinis, representing Signer Benito Mussolini, expressed approval for the first point of the plan only. "We stand ready to reduce our armaments," he said, "to any figure, even the lowest, provided all other nations do the same...
Ambassador Hugh Simons Gibson, representing President Herbert Clark Hoover, smiled and said nothing. Baron Cushendun of Great Britain frowned in silence. Outside the Commission room they both expressed themselves to correspondents in scathing terms, though "not for publication." The plan was not worthy of criticism or consideration, they indicated, because they believed it had been "offered in bad faith." They did not offer any alternative plan, perhaps because the Commission long ago became almost inextricably entangled in its so-called Draft Convention for a Disarmament Conference (TIME, April...
...tainted and unmentionable plan was and is, of course, the one presented by Comrade Maxim Maximovitch Litvinov, Assistant Commissar for Foreign Affairs of the Soviet Union. When he first went to Geneva (TIME, Dec. 5, 1927) he said that Soviet Russia was ready to completely disarm within one year, if all other nations would do likewise. Since then, plump, indefatigable Comrade Litvinov, who looks like a squirrel with a nut in either cheek, has been slowly learning that whatever plan he may offer will be pigeonholed, at least for some time to come...