Word: tokenized
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...which crosses the Atlantic will have more of a nuisance value than a commercial one, and will tangibly lower the nation's diplomatic batting average. The failure of ninety-five per cent of the debt-payments due last year resulted not merely from the poverty of the defaulting and token-paying countries, but also from the lack of any pre-arranged agreement acceptable to both sides...
...pleas for cancelling the account. This winter will find the situation altered, with an English government unwilling to assume the political dishonor of being the only one not to default. The United States, having taken neither official satisfaction from the full payment of December, nor official umbrage at the token of June, has left it in the able hands of Mr. Oltamberlain to shift from business ethics to hard reality. America must make the same change in its own attitude...
...Last week occurred another momentous polit co-economic event. The U. S. collected 8% on its June 15 War Debt payments. Britain paid as a "token'' $10,000,000 in silver (at 50? per oz.) which the President declared was no default. That France was in default, no one could deny. Like six other debtors, she paid nothing...
...House went home to bed. "The supreme merit of this arrangement," wisely observed the London Times, "is that it is neither default, which was unthinkable, nor payment in full which would have merely left the old dilemma." Specifically Britain, which owed $75,950,000 last week, made a silver token payment worth some $7,200,000 but accepted as $10,000,000. Italy promptly followed with a $1,000,000 silver token for her $13,545,000 owed. Czechoslovakia, normally content to follow France but nowadays striking out as the acknowledged leader of the Little Entente, tokened...
...Abbott Lawrence Lowell, worthy successor of Leverett,--men who filled the bowls of the ancients with new wine. Presented by the teachers of Arts and Sciences, June 13, 1933, in token of their affection...