Word: moratorium
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...morning last week, almost as bright and sunny as the June day on which President Hoover electrified the world with his Moratorium announcement, stocky, smiling, middle-aged George Boyd, Capitol messenger, strode into the White House executive offices. Under his left arm he carried a big envelope which he delivered to the Hoover secretariat. From it was extracted a large, handsomely engrossed sheet of paper entitled: ''House Joint Resolution No. 147. To Authorize the Postponement of Amounts Payable to the United States from Foreign Governments during the Fiscal Year 1932." The measure was certified by John Nance Garner...
Good God! Congress, however, was held in session long enough for the Senate to approve the Hoover Moratorium whereunder 15 nations are relieved of paying the U. S. $252.566,803 on War Debts between July 1, 1931 and June 30, 1932. Xenophobia reached its peak when Senator Johnson of California, the Moratorium's arch foe, oratorically machine-gunned the Senate...
...Senate was unimpressed. After voting down six amendments to the Moratorium resolution, it overwhelmingly (69-to-12) approved the measure exactly as the House had passed it. including the proviso that Congress was against further reduction or cancellation of War Debts...
...Board.* Into this measure the House had tucked a provision for a five-year moratorium on agricultural loans at the discretion of Farm Loan bankers. Before the Senate committee, last week, appeared Paul Bestor, Farm Loan Commissioner, to explain the working of his board, plead for more cash...
...patient Democrat is Publisher William Randolph Hearst. His nationalist temper already at the boiling point over War Debts and the Moratorium, he spread on his front pages all over the land one day last week a bitter, biting, double-column editorial on "Hee! Haw! We're coming back!" Excerpts...