Word: short
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Dates: during 1920-1929
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...Berlin it is sometimes popularly supposed that the titanic rivals in U. S. finance are J. P. Morgan & Co. and Dillon, Read & Co. Last week, pink-cheeked, socialistic, optimistic Finance Minister Rudolf Hilfer ding found himself short of cash for year-end budget requirements. He hastily sought to arrange an $100,000,000 loan with Dillon, Read & Co. by cable...
...several days the wires hummed merrily about millions. Then suddenly jovial Dr. Hilferding was jerked up short by brusque Dr. Hjalmar Schacht, President of the Reichsbank. A watchman of Germany's cash drawer, Dr. Schacht barked that he would not O.K. the loan. Scareheads in the Berlin press screamed that Dr. Hilferding would have to resign because now his budget would not balance. There were predictions that the Cabinet was due to fall...
...Tribune, generally the first recipient' of Morgan news for the daily press, broadened and mellowed the Tageblatt story thus: "Confirmation could not be obtained for the report that the German 'D' banks would cover [Dr. S'chacht's] advances to the German government by short term credits to be granted with J. P. Morgan & Co. It was understood that no negotiations for such a-deal had been opened...
Scrub Joke. When it is 6:55 a.m. at Gettysburg Academy in Pennsylvania, two short, swart Mexican youths tumble out of their beds and then proceed to make them. They agree with President Hoover that their father is the one and only President-Elect of Mexico. They are studious Guillermo Rubio, 18, and athletic Fernando...
Lawyer Walter Leslie Stewart, oldtime (1907-09) University of Iowa footballer, swept through ranks of hitherto apathetic Des Moines (population: 151,900) and gained $1,103 more than the $281,552 he had set out for. Last year, in a campaign for $276,075, the citizenry fell short...