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He had begun in a small way by financing little tradesmen, little journalists and actresses in temporary difficulties; lending small sums to distressed clergymen, to governesses and the mistresses of boarding-houses. By charging a moderate interest he acquired a character for fairness and straight-forwardness. Now and then he did what he called a really tip-top generous thing.
The agreement, already initialed by the Chinese Government, is now awaiting formal ratification. The basis of the settlement of the terms of this loan was one of exact equality between America, Great Britain, France, and Germany in respect to financing the loan and supplying materials for the proposed railways and their future branches.
Field and factory vied in expansion, and the Canadian contribution of food and munitions provided a very substantial share of the Allies' needs. Exports increased threefold, and the total trade was more than doubled as compared with the largest year before the war. The financing of the war and of the industrial expansion which accompanied it was a heavy task.
Gone are the days when country homes could be bought with first and second mortgages and very little cash. This type of financing was tried and found wanting during the late depression, since it led many people to commit themselves to payments they could not continue if reverses were experienced.
She began in September and worked unceasingly until its passage the next April, financing the campaign with some small assistance from her board. During the hundredth anniversary of the city of Memphis in June, a notable State event, a suffrage "victory" celebration was held with addresses by Mayor Monteverde and leading suffragists.
I have asked this bipartisan Commission to review our proposals for Federal action to cope with the gathering crisis of school finance and property taxes. Later in the year, when both Commissions have completed their studies, I shall make my final recommendations for relieving the burden of property taxes and providing both fair and adequate financing for our children's education.
They discussed Neergard's scheme for a little while longer; Austin, shrewd and cautious, declined any personal part in the financing of the deal, although he admitted the probability of prospective profits. "Our investments and our loans are of a different character," he explained, "but I have no doubt that Fane, Harmon & Co. "Why, both Fane and Harmon are members of the club!" laughed Selwyn.
"The Committee has considered questions of maturing obligations of cities and corporations and believes that the present situation does not warrant any attempt to issue long time bonds, but that such refunding should be accomplished through short time financing.
Latimer's brother who was a large financier on Wall Street, was financing the lawsuit, and the stock-company that was formed on the value of the patent. During the time it took for Kenneth to enlarge on the merits of the Latimers, Jake grew restless. He shifted his weight from one cowhide booted leg to the other, and finally he heaved a doleful sigh. Then he drew attention to himself.
The president bears the responsibility for recommending to the Congress a comprehensive set of proposals on all Government activities and their financing. In formulating policies, as in preparing budgetary estimates, the Nation and the Congress have the right to expect the President to adjust and coordinate the views of the various departments and agencies to form a unified program.
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