Word: rate
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Dates: during 1920-1929
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...were not published, it became known that the principle of most-favored-nation treatment* had been conceded by both nations for a large number of imports. Germany granted a minimum tariff on French wines, perfumes, soaps, woolens, porcelains and several manufactured articles, while France agreed to admit at minimum rates German electrical, chemical, mechanical and other manufactured products. Furthermore, in December, 1928, discrimination against certain classes of German goods by France will cease and the lowest French tariff rate will be applied uniformly to all classes of German imports...
Heavy rains and tornadoes swept eastern Siberia last week, raising the River Amurat the rate of an inch per hour. Soon more than 100 villages were flooded; 40,000 peasants were rendered homeless; 100 drowned. The angry waters continued to swirl, threatening Khabarovsk, important Siberian city. The storm showed no sign of abating...
...financial or the naval power of Britain, the industrial power of Germany, or even the high birth rate of Italy. Her role always has been to represent the general interest of Europe. She is the cement of small nations...
After that conference, the Journal of Commerce charged last week, "The little New York group that dominates the Federal Reserve System came to Chicago and tried to induce the directors here [of the Chicago Federal Reserve Bank] to cut the [re-discount] rate and afford pretext to New York. The request was flatly and somewhat indignantly refused. borrowed at a low rate, can be reloaned at a slightly higher rate...
Clarence Walker Barren's Wall Street Journal, less brash in such business & financial matters than the Chicago paper, noted last week: "American banks are finding it profitable to place surplus funds in London, owing to higher level of money rates there, and such transfers of dollars into sterling have been a leading cause of firmness in the sterling rate this week. , Some American funds are also being placed in Germany, to take advantage of higher rates prevailing in Berlin...