Word: bank
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Dates: during 1950-1959
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...also learned to bend with the political winds. He fought for passage of the 1954 farm law that substituted semiflexible price supports for the Democrats' rigid supports, but agreed to limit the range of flexibility so that actual supports did not drop much. He once considered the soil bank a Democratic gimcrack, now embraces it as a painless way to cut surpluses. And in the 1958 budget he asked for an unprecedented $4.9 billion for agriculture, the largest farm outlay in U.S. history. Benson's vigorous program to sell off surpluses at home and abroad has worked...
...chance came in a district where, only two weeks before, others had staked much and lost. The district, on Paris' Left Bank, includes a cross section of all France-shopkeepers, concierges, the Latin Quarter's students, Grenelle's workingmen. When the death of a Deputy forced a special election, every party accepted it as the first major referendum since last year's national election, and committed its full forces-all but Poujade, who asked his followers to boycott the election. It proved to be the most riotous campaign in 20 years. There were bombings, street fights...
...friend these days: France. Prime Minister David Ben-Gurion warned of "difficult political struggles" ahead, not so much with "our enemies" as with "peoples who do not hate Israel." Other Israelis noted glumly that some $30 million in U.S. grants-in-aid and a $75 million U.S. Export-Import Bank loan, both approved long before Israel's invasion of Egypt, had not been released since...
...poly Russian immigrant named Maurice Podoloff, 66, who barely knew the difference between a pick-off play and a picket fence when he became president of the N.B.A. In ten years Podoloff has led the league out of virtual pauperhood into the promised land of big crowds and bigger bank accounts. He hits the road as often as any of the players...
...points from the previous close. In little over a month after his death, it was clear that Kreuger had been the world's greatest swindler, having "misappropriated" some $1,168,000,000 in nine years. In another month Sweden's Prime Minister had toppled, bank clerks were committing suicide, and King Gustaf's brother, a heavy Kreuger investor, had to move to humbler lodgings. In May, Pope Pius XI gave the Kreuger legend its epitaph by issuing an encyclical, Caritate Christi Compulsi (Urged by the Charity of Christ), the gist of which was: "The i love...