Word: zahlungsausgleich
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...Banks of England, France, Germany Italy, Japan and a U. S. group headed by J.P. Morgan & Co. is draped in grey, the color of money bags. On this grey table lay fresh and crisp last week the second annual report of BIZ or Bank für Internationalen Zahlungsausgleich, famed in English as BIS (Bank for International Settlements), in French as Bri (Banque des Reglements International-). When he stood up to report, Manhattan Banker Gates W. McGarrah, President of BIZ was seen to have eased his substantial midriff by undoing as usual the two bottom buttons of his vest. What...
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