Word: stockholm
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...volunteers, and he was later elected 1st Commander-in-Chief of the Spanish War Veterans. As Speaker of the House he formulated the Cloture rule. A determined foe of war, he addressed the Conference on Universal Peace at Brussels in 1911, was a U. S. representative to the 1914 Stockholm peace conference that was never held...
...match monopoly in Italy, needed funds. From an Italian engraver he got copper plates that bore the likeness of an Italian Government bond. On a piece of paper he sketched the way he would like an English-worded statement printed. He furtively took the plates to a Stockholm printer. The printer, knowing Kreuger's affairs were vast, did not become suspicious when he was asked to print 42 bonds, each of ?500,000 denomination. Kreuger took the counterfeits, forged on them the name of E. Drelli, gave them to his companies in return for good bonds upon which...
Other developments during the week were: a charge that Kreuger supported a Stockholm Communistic paper (as did many a Russian capitalist before the Revolution) ; an opinion that Sweden's high income taxes must be upped another 15% to make up for the loss of Kreuger & Toll's big payments. "Only the beginning" was the gloomy warning of the Government's newspaper, Svenska Morgonbladet: "The coming week will be one of the most nerve-wracking ever experienced by the Swedish nation...
Stocks rose in Stockholm last week as the Swedish Treasury and private banks pooled $30,000,000 to tide over a leading Swedish bank hard hit by the suicide of overwrought Ivar Kreuger, president of the Swedish Match Trust (Kreuger & Toll). Next day Swedish stocks upped again as the Diet extended for another month the Kreuger & Toll moratorium...
...valuable power properties and rights. It controls financial institutions throughout Europe, including commercial and mortgage banks. A typical deal was its purchase of Sweden's $29,000,000 share in the Young Plan Loan in 1930. It has real estate companies with properties throughout Europe, including 87 buildings in Stockholm. By selling control of L. M. Ericsson Telephone Co. (acquired in 1930) to International Telephone & Telegraph for 400,000 shares of I. T. & T. stock, Ivar Kreuger connected his empire with the worldwide communications skein of the Behn Brothers...