Word: settlements
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Dates: during 1930-1939
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Quickly reporters began calling this assemblage the Wiggin Committee. What the Wiggin Committee was supposed to be doing was investigating, under the auspices of the Bank for International Settlement, 1) Germany's credit needs and 2) the likelihood of changing Germany's present short-term credits into long-term ones. On the first point, the Committee approached agreement that what Germany needed was renewal for six months of 5,000,000,000 marks ($1,187,500,000) which she already owed her creditor nations. It was soon seen that there was little likelihood of the committee doing much...
Last week the long-tangled affairs of the late Bank of United States moved eleven bulky volumes closer to a settlement. The volumes were promulgated by New York State Superintendent of Banks Joseph A. Broderick, who stated therein which of the many creditors' claims against the bank he allowed and which he did not. Of a total $254,639,733.26 of claims and other accounts payable, only $131,002,495.16 were allowed. Bulk of the rejected category, however, consisted in $102,000,000 claims against the bank by the receiver for its three bankrupt affiliates. Superintendent Broderick plans...
...Razor Co. and United Cigar Stores Co. were settled out of court last week. Gillette had charged that United had exaggerated its ability to sell razors and blades, claimed $10,000,000 damages were due. United brought a $7,000,000 countersuit for breach of contract. The extra-legal settlement provided for a $1,900,000 payment by Gillette and the resumption of business relations. But existing contracts are cancelled. At the end of last year Gillette had $4,212,000 in cash...
Aflutter last week was Miss Muriel Lester of Kingsley Hall Settlement, Bow, who had just received a letter from her good friend Mahatma Gandhi that if & when he goes to London to confer with Prime Minister MacDonald he does not want to stay at Hampstead's Indian Hostel as expected, but at her settlement house. Reporters found Kingsley Hall very clean and neat, smelling slightly of disinfectant. It has a large flat roof from which St. Gandhi may survey the squalid East End, and a large bronze bell, presented by white-whiskered First Commissioner of Works George Lansbury...
...years taken her on automobile trips, stopping at hotels, with knowledge and consent of the parents who never dreamed that his interest was other than fatherly: how Starr, who was emotionally unbalanced as a result, finally made known the facts to her parents; how they obtained a $20,000 settlement from the despoiler to pay for treatment of Starr by psychiatrists and neurologists. For all their effort, they said, Starr never fully recovered nor mality. With their full knowledge if not their consent she had run around with (and after) all kinds of men in all kinds of places "looking...