Word: moratorium
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Suggestions have been made that a law be rushed through the New York State Legislature early next year, granting the savings banks a moratorium on the bonds. That would only postpone the day of reckoning. True, in 1921 (when the legal requirement was that a road must have paid at least 4% for the past five years) such a step was successful. But 1921 conditions were different. In 1921 the Government had been operating the roads as a War measure and the moratorium was only to cover bonds of that period. Experts could see no valid excuse now for tampering...
Having read your article in the Aug. 10 issue of TIME entitled "Duck .Moratorium?" I consider your magazine the proper medium for a further discussion of this subject if you will so permit...
Delegates cheered. Spectators who had paid 25? admission looked puzzled. Some one started singing "The More We Get Together." Rain pattered down on the tent roof. After much debate the brand-new Liberty Party formed a national platform: 1) a five-year moratorium on all private debts, including mortgages; 2) free silver coinage at a 16-to-1 gold ratio; 3) government ownership of all banks; 4) government ownership of public utilities; 5) abolition of taxes; 6) unsecured paper currency. Out of the Liberty Party's platform was kept a "wild suggestion by a St. Louis statistician" that...
...anxious days of the Hoover Moratorium, Germany's financial crisis and the first emergency credit for Britain, the House of Morgan, France's bank in the U. S., was as silent as the tomb of Tutankhamen. Observers noted how quickly the name of Morgan popped into the headlines now that there was no question of conflicting with French policies. Morgan headed the list of 110 U. S. banks which underwrote the U. S. half of the loan. Sir Frederick William Leith-Ross, Deputy Controller of Finance, flew to Paris and arranged details of the other $200,000,000 with...
This year President Hoover did not wait until late autumn before preparing for a hard winter. In June he inaugurated his moratorium plan as a world business stimulant. This he followed up by requesting all Community Chests, through their national organization, to survey joblessness, determine well in advance the "load of distress" they would have to meet. As before, he summoned Big Business to the White House for advice and comfort. Said he reassuringly: "The problem of Unemployment and Relief, whatever it may be, will be met." Before him loomed the A. F. of L.'s prediction...