The Atlantic Monthly, Volume 142Atlantic Monthly Company, 1928 - American essays |
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Page 17
... means was bound to have an ad- verse effect upon foreign debtors . Their loans had been contracted when the dollar was cheap ; now they had to meet interest charges on cheap loans when the dollar was more valuable . It may safely be ...
... means was bound to have an ad- verse effect upon foreign debtors . Their loans had been contracted when the dollar was cheap ; now they had to meet interest charges on cheap loans when the dollar was more valuable . It may safely be ...
Page 18
means of economy lay in transferring a part of their gold reserves to our own banks . To accomplish this purpose they had only to buy with their own currencies the dollar balances which were being created through the sale of foreign ...
means of economy lay in transferring a part of their gold reserves to our own banks . To accomplish this purpose they had only to buy with their own currencies the dollar balances which were being created through the sale of foreign ...
Page 20
... means of balancing the international account a solution of this kind would be effective , but it is surely not the kind of solution anybody wants . A second method of dealing with the problem would be to remove its princi- pal cause ...
... means of balancing the international account a solution of this kind would be effective , but it is surely not the kind of solution anybody wants . A second method of dealing with the problem would be to remove its princi- pal cause ...
Page 21
... means of solving the problem of international payments ? The alternative plan is to leave the tariff where it is , utilize more of our gold , and take the consequences . The consequences would consist of credit expansion and inflation ...
... means of solving the problem of international payments ? The alternative plan is to leave the tariff where it is , utilize more of our gold , and take the consequences . The consequences would consist of credit expansion and inflation ...
Page 85
... means its essential feature . The New Plan is not merely a plan of exam- ination , but , as its full title indicates , it is a plan of admission to college , and it involves the investigation by the college of the candidate's school ...
... means its essential feature . The New Plan is not merely a plan of exam- ination , but , as its full title indicates , it is a plan of admission to college , and it involves the investigation by the college of the candidate's school ...
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