Word: seligmans
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...more interest on over $50,000,000, borrowed from stronger sisters (as Peru has done), has opportunity to borrow $50,000,000 at only 6% interest, she hastens to make the new loan. This Peru did last week, by selling $50,000,000 of 6% bonds through J. & W. Seligman & Co., National City Company and their syndicate associates. The Peruvian government has determined to devote at least half of the new money to buying back bonds which carry the higher rates of interest...
...installment system was good. However, said he: "If we were wrong we wanted to know it. If we were on fundamentally solid economic ground we wanted to know that also. All agreed that no opinion would tend to give a greater sense of security than that of Professor Seligman...
...Experts. Professor Seligman agreed to make the study provided that he had entire liberty of inquiry and judgment and that after gathering his data there be no censorship of his conclusions. Also, he wished his conclusions published in full. As all scholars who deal with General Motors know, the corporation hampers no honest research. Professor Seligman began...
Conclusions. Professor Seligman, and of course General Motors, thoroughly believes in installment selling...
...They have just been published in two volumes-THE ECONOMICS OF INSTALLMENT SELLING-Edwin R. A. Seligman-Harpers ($4 the volume...