Word: moves
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...Next move was to invite representatives of twelve creditor nations to appear before the committee. Most important of these gentlemen was, of course, the U. S. representative, the Committee's president, Mr. Wiggin, who was empowered to act not only for Chase National, but for all New York banks...
...firms in Germany. This item totals nearly $140,000,000. If these balances were suddenly withdrawn, Germans believe they would be as badly off as ever. This point remained unsettled last week. The Wiggineers went back into their huddle. In the meantime the B. I. S. made an important move. Per Jacobsson, Swedish economist and budgetary expert, was given a job new to international banking. He was made Economic Adviser to the B. I. S.-an international financial bellwether, to study the statements of the central banks of various countries from month to month in an effort to spot future...
...French franc by causing a great withdrawal of gold from New York? Unlike the drain on the Bank of England it could be nothing but a grandstand play for the U. S. has still twice as much gold in its vaults as France. Still, the moral effect of the move would be great...
...their hand shrewdly. During the three weeks that Germany has been under partial moratorium the Government investigated every bank that seemed to be in serious trouble. Deposits of the closed Danat Bank were guaranteed. The Government bought 75%, of the stock of the great Dresdner Bank. As a last move to prevent runs 8% was promised on all new deposits. That did the trick. Tellers reported no more business than usual on a midsummer day; huge bundles of unused banknotes were returned to the Reichsbank...
...Marching By." When they reach the stage, ornamented with posts to represent the gates of Heaven, the Saints sit down, except St. Peter who, bearded and austere, stands behind the gates holding open his account book. The Saints sing "When We All Get to Heaven," and then "Let Us Move Up on the King's Highway." After this, the Saints keep quiet. A woman moves into the aisles singing "Beautiful City of Zion" and the procession of people trying to get to Heaven starts, moving up through the audience-congregation to the stage, like penitents at a revival...