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Updated: May 15, 2025
They say Steelman owns the bank. He won't let us have money unless there's some nigger in the woodpile. I'll probably have to try Denver." "That'll take time." "Yes. And time's one thing we haven't got any too much of. Whoever underwrites this for us will send an expert back with me and will wait for his report before making a loan.
With an initial capital of $300 million, it will offer up to $1.5 billion per airline for passenger and third party war and terror risks. These lose their value partly or wholly in the event of a disaster. The money raised underwrites a reinsurance or a primary insurance contract. This did not contribute to the bonds' transparency or popularity.
By the operation of the former of these instruments the United States virtually underwrites the political stability and the financial responsibility of the Cuban Government.
"The sweat of industry would dry, and die, But for the end it workrt to." Shakspeare. "Man is a shop of rules, a well-trussed pack, Whose every parcel underwrites a law," George Herbert. "Care preserves what Industry gains. He who attends to his business diligently but not carefully, throws away with one hand what he gathers with the other." Colton.
To anchor on a lee shore in a gale of wind would be an act of madness that I could never excuse to the underwriters, under any circumstances, so long as a rag can be set; but to anchor close to breakers would be insanity." "His Majesty underwrites the Scud, brother, and I am responsible for the lives of my command.
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