Word: nye
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...payment on defaulted dollar bonds. Last week Cuba witnessed a surprising combination of those two commonplaces. At the head of a protective committee two U. S. Senators marched into the Presidential Palace in Havana for no other purpose than to dun. The committee's chairman was Senator Gerald P. Nye; its counsel, Senator Burton K. Wheeler...
...respects except its nominal leadership the protective committee was quite orthodox. Since the private activities of U. S. Senators are not limited by law, the committee when it was formed about a year ago, made a shrewd bid for Senatorial patriotism and prestige. Thus it was that Senators Nye & Wheeler popped up in Havana last week at the behest of unhappy holders of $40,000,000 of Public Works bonds issued in the U. S. in the twilight of the Machado dictatorship. After Machado fled, the Grau San Martin Government repudiated the loan as illegally contracted, and the Cuban Supreme...
Last December, President Roosevelt announced that State Department studies of neutrality legislation might soon give him something to say on the subject. Four months later the State Department was rudely roused from its studies when Senators Gerald Nye, Bennett Clark & friends, fired with a passion for peace as a result of their investigation of the pipsqueak U. S. munitions business, popped out proposals for mandatory, two-sided embargoes on arms, loans, credits. Panting from White House to Capitol, Secretary of State Hull persuaded President Roosevelt to take a firm stand for discretionary legislation, persuaded the Senate Foreign Relations Committee...
Chairman McReynolds took with him also a prime trading point to force the Senate peacemen to accept the President's compromise. Ardently did he and a majority of the House desire to lay down an absolute embargo on loans & credits to warring nations. Except for the Nye-Clark bloc, the Senate was flatly opposed to such action. Therefore, threatened Chairman McReynolds, let the Senate peacemen accept the President's compromise or he would write a loans & credits embargo into their resolution, thus killing off neutrality legislation at this session...
...Administration's efforts to displace him through the Chavez candidacy and subsequent contest (TIME, May 20). This week, as Senator-Designate Chavez reached Vice President Garner's desk, after marching down the aisle to take his oath, the only Progressives present-Senators La Follette. Norris, Johnson, Nye and Shipstead-ostentatiously rose, stalked out of the chamber, returned when the ceremony was over...