Word: verbalizer
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Again France was the largest defaulter, $22.200.927, the others being Poland ($5,408.292), Belgium ($2,859,454) and Estonia ($435,408). King 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...
Shaken less by verbal criticism than by the uncertain market behavior of Government bonds, the Administration last week was very careful in taking its stance for its Dec. 15 financing. What it wanted was not just $950,000,000 in new money, but, more important, a vote of confidence in the Government's credit. Acting Secretary of the Treasury Morgenthau turned to his new Wall Street-trained assistant Earle Bailie and they adopted a simple device. Wall Street expected the Government to offer one year Treasury Certificates bearing 2% interest. Instead the Treasury made the rate 2¼%. Result...
...anti-trust laws, however, frown on such acquisition of shares in a competing company, and Mr. Fox kept after the Department of Justice to see if he could get an official okay on the transaction. He actually bought the Loew shares on the strength of a reported verbal agreement between one William Thompson, of the Attorney General's staff, and Saul E. Rogers, Fox lawyer. Then the Coolidge Administration ended, the Hoover Administration began and-as Mr. Fox put it last week- "a gentleman from somewhere in the Minnesotas" became the new Attorney General...
Fearing that the previous verbal agreement might no longer hold. Mr. Fox sought out the gentleman from Minnesota, who was William DeWitt Mitchell. Attorney General Mitchell referred him to Assistant John Lord O'Brian. Mr. O'Brian, consulting his files, said the record showed not acquiescence in but disapproval of the Loew purchase. Said Mr. Fox to the Senate Committee: "You can well imagine that I was alarmed about all this."* Next Mr. Fox talked to Claudius Hart Huston, then Chairman of the Republican National Committee. Mr. Huston said he would look into the matter, but while...
...development which has raised gooseflesh on the sensitive epidermis of these moguls is the news that the government will subpoena forty bank presidents so that they may shed some verbal illumination on their financial practices. An added horror was lent to the announcement, when the financiers beheld their fellow martyr, Mr. Harvey L. Carke, most unwillingly damning himself by his own testimony, and when they shudderingly recollected the amazing confessions dragged from Mr. Wiggin and Mr. Morgan on the same stand. While Mr. Clarke could not compare with Mr. Wiggin in the variety and scale of his operations he nevertheless...