Word: 11million
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Dates: during 1950-1959
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...Government's Export-Import Bank, set up to finance purchases of U.S. goods when other funds are unavailable. Last week three Japanese firms that wanted such loans were winding up arrangements to get them. To ease Japan's chronic power shortage. Ex-Im was closing an $11million loan to Kansai Electric Power Co. to help buy U.S. generators from Westinghouse. Two other Japanese companies. Tokyo Electric Power Co. and Chubu Electric Power Co., were making deals to get similar loans for generators from General Electric...
...while others talked recession, Butler bought cotton gins. He built a stake, put it in the cotton market; in one day he reportedly made $1.000,000 speculating in cotton futures. He moved into soybeans, coffee and other commodities, and by last year had $11million...
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