Word: bond
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Hoover, the archenemy of the farmer, we shall have debated from now until the date of the convention. Hoover, the amateur in politics, is pretty generally forgotten. Hoover, the radical, no longer troubles the bond salesman's slumber. Hoover, the British patriot, we shall have with us whenever Senator Reed is on the scene. Discount these four Hoovers. What sort of a Hoover have we left...
...chief change in the pre-convention situation took place in Massachusetts, one of the Big Three (the others are Pennsylvania, New York) whose Republican bosses want uninstructed delegations with which to control the Convention. In Massachusetts, Governor Alvin Tufts ("Peter Bond") Fuller revolted against Boss William Morgan Butler, refused to be an instructed delegate and told the Ancient and Honorable Artillery Company that "the next President of the United States will be Herbert Hoover or Alfred E. Smith...
...finances, like his spiritual power, are immeasurable,occult-defying the statistical art. They are also ancient. Aaron of Lincoln, twelfth Century genius of Jewish finance in England, is credited with the initiation of large scale Church financial policy. It was Blount & Cie., French bankers, who issued the last Vatican bond offering, in 1886, when Paris was the money-lending centre of the world. Last week it was the Protestant house of Halsey, Stuart† & Co., of Chicago and New York, who announced a forthcoming issue of $1,500,000 of 5% Vatican bonds whose proceeds of sale will build...
...Church bond issues are fairly common. Wall Street knows well the 1st mortgage issue of the Holy Sisters of the Precious Blood. The New York market has recently distributed a Roman Catholic Church in Bavaria loan ($5,000,000), a Roman Catholic Welfare Institution in Germany issue ($3,000,000), and a Protestant Church in Germany Welfare Institutions issue ($2,500,000). The two last named bond issues were offered to the public within a few days of each other, both by Protestant bankers. The house selling the Catholic bonds published in its formal advertisement that 36% of the inhabitants...
...interest at the expense of the Union of Socialist Soviet Republics, which had exported gold to the U. S. for the first time. Standing orders have outlawed Russian gold since 1920. [Only last month Secretary Frank B. Kellogg had ruled against cashing of Russian Soviet railroad bond coupons by the Chase National (TIME...