Word: banke
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Dates: during 1940-1949
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Caches. In Chillicothe, Mo., a nervous second-hand dealer looked up the car he'd sold six days before, opened the trunk, pulled out $2,000, explained to the new owner: "That was my bank-I forgot." Near Chicago, Ralph Dean wiggled his big toe while taking a bus ride, felt far too comfortable, frantically remembered the four $20 bills he was saving; cops got his money back from the cobbler who had put new heels on Dean's shoes...
Last week the World Bank, originally chartered in 1944, finally transacted its first piece of business. With a minimum of formality and the signing of a mere twelve documents, the International Bank for Reconstruction and Development took a positive step toward "bringing about a smooth transition from a wartime to a peacetime economy." This first step was a loan of $250,000,000 to France, for 30 years, at 3¼% interest, plus 1% commission (on the outstanding part) which the Bank collects to build up a special reserve. The negotiations, which took only six weeks, were conducted...
Though many an American hoped that the loan would help France's Government in its struggle with the Communists, the French Government itself was playing down that line to avoid cries of "dollar diplomacy." Plain Frenchmen regard the Bank's credit as a U.S. loan. Said a middle-class Paris housewife, when asked how she felt about American aid to France: "The Communists say we are getting closer to the Americans because that persuades the Americans to help us. But what is so disgraceful about that? Isn't that what you do in business every...
...British are nationalizing their electricity. We nationalized ours years & years ago, or a vast part of it. ... (Ramsay MacDonald, here in the 1920s, said we had more socialism than England.) . . . Mr. Attlee nationalized the Bank of England; it is no more nationalized than our Bank of Canada. Also, haven't we a nationalized radio . . . not to speak of complete control of our wheat marketing, nationalized steamships, plus all sorts of other controls...
Author Putnam admits that the Paris of the expatriates was no more typical of the city as a whole than Greenwich Village is of the city of New York. For the most part, the U.S. expatriates collected in the few blocks around the Left Bank cafes Dome and Doupole in Montparnasse-"a weird little land crowded with artists, alcoholics, prostitutes, pimps, poseurs, college boys, tourists, society slummers . . . homosexuals, drug addicts, nymphomaniacs . . . 'dukes' and 'countesses...