Word: moratorium
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...months ago in Minneapolis the Home Building & Loan Association foreclosed a mortgage on the home of John & Rosala Blaisdell. The Blaisdells went to court, asked for a two-year moratorium in accordance with a new law passed by the Minnesota Legislature. The case reached the U. S. Supreme Court where it was regarded as a test of the legality of all governmental emergency powers. Last week the Supreme Court upheld Minnesota, 5-to-4. Prime conclusion: an economic emergency, like fire, flood or earthquake, gives a state power to set aside contracts...
Your adequate article in today's CRIMSON on the Minn. Moratorium Case touches upon a point which warrants further discussion. For the decision in this case again opens the question as to what branch of the government is to determine when an emergency ceases to exist. In Chastleton Corp. v. Sinclair (264 U.S. 543, 1924), the Court said that it is "open to the Courts to inquire whether the exigency still existed upon which continued operation of the law depended." The question now arises as to what court is to enter into the FACTS of the case. In the Chastleton...
...Manhattan agencies is here shown (see cut). It was taken seven months before his election, at a Manhattan luncheon for the Boy Scout Foundation. At Mr. Roosevelt's left is Barron Collier, car card advertising tycoon and real estate speculator who last month got a three-month moratorium on his $17,000,000 debts, under the Hoover bankruptcy law.-ED. As an olrltime consistent reader of TIME I appeal to you for some information to satisfy my curiosity. Hearst's "Washington Chatter'' first First Lady in U. S. history to do so First female resident...
...Albert's little Belgium again sent the tartest note to the U. S. State Department, snapped that she signed her debt agreement only after verbal assurances in Washington that her payments to the U. S. would be "amply covered by German reparations payments" shut off by the Hoover Moratorium...
Without caring to say so, South American delegates appeared to agree with North America's Hull that the all-American debt structure reared by International Bankers, however diabolical, simply cannot be tampered with by a general moratorium. How to give Dr. Puig's plan a graceful burial was the pressing problem. It was solved by that most arrogantly graceful of old school diplomats, Foreign Minister Dr. Saavedra Lamas of Argentina, who converses in such formal, rounded periods that he always appears to be reading an oration. Dr. Saavedra Lamas remembered that there still exists in Washington a moribund...