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11 Banking Houses American foreign lending American Underwriting amount analysis Appendix Table Argentina bankers basic yields borrowing countries business cycles capital exports changes Chart contractions corporate bonds Cuba debt debtor countries decline default in 1937 default index Default Status defaulted bonds defaulted loans degree of default dollar bond domestic bond issues domestic issues early economic Europe expansion factors FAULT fluctuations foreclosure rate foreign bond issues Foreign Government Bonds foreign issues foreign loans Foreign Securities Four quarter moving Government Bonds Issued Handbook on American Ibid increase individual banking houses interest rates investment investors J. P. Morgan late period Latin America Lawrence Dennis lender loan curve loan quality loans issued Locarno Pacts Max Winkler ment NBER peak percent Peru quality of foreign quarter moving averages rise risk premium rowers Sample Senator sound loans Speyer stock issues tion troughs twenties Underwriting of Foreign United unsound