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Archive for August 19th, 2008

19 Aug

And since the new loan will come with a more reasonable interest rate and fees, you will save

And since the new loan will come with a more reasonable interest rate and fees, you will save thousands of dollars just by pursuing this simple financial transaction.

19 Aug

From the point of view of national interest there is also much to be

said for concluding the transaction
From the point of view of national interest there is also much to be
said for concluding the transaction. We may, with very good ground,
assume that it would also be intimated to the issuing house that a group
of Continental financiers was very willing to take the business up, that
it had only been […]

19 Aug

A big down payment might impress the lender, and he may proposition a lower interestedness ratio

A big down payment might impress the lender, and he may proposition a lower interestedness ratio. PMI is the other circumstance that would imitate involved, due to the insolvent credit history.

19 Aug

On other grounds the loan, well secured as it seems to be, is not of a

kind to be encouraged
On other grounds the loan, well secured as it seems to be, is not of a
kind to be encouraged. We have supposed its purpose to be, firstly, to
meet a deficit in a Budget, and secondly, to pay for naval expansion.
Neither of these objects is going to improve the financial position of
the Republic. […]

19 Aug

Municipalities likewise borrow both for reproductive purposes and for

objects from which no direct revenue can be expected
Municipalities likewise borrow both for reproductive purposes and for
objects from which no direct revenue can be expected. They may invest
money lent them in gas or electric works or water supply or tramways,
and get an income from them which will more than pay the interest on
the money borrowed. […]

19 Aug

Why money goes abroad–Trade before finance–Prejudice in favour of home

investments–Prejudice against them–The reaction–Mexico and
Brazil–Neutral moneylenders and the war–Goods and services lent and
borrowed–The trade balance

19 Aug

‘Circumstances arising out of the war and developments likely to arise

on its conclusion’ give this Committee a roving commission to consider
all kinds of things, which may or may not happen, in the light of
wisdom which may be put before it by interested witnesses, and, worse
still, in the light of semi-official pressure to produce a report
which will go down well with the House of Commons
‘Circumstances arising […]

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