Word: banke
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Dates: during 1940-1949
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...World Bank. The $30,000-a-year (tax free) presidency of the International Bank for Reconstruction and Development had gone begging for months. Several prospects had rejected the job. Then Democratic National Chairman Bob Hannegan began thumping the drums for ex-Ambassador Joseph P. Kennedy, now a real-estate and Scotch-whiskey tycoon. That got action, but of an unexpected sort...
...luck and his last minute capitulation he had worked his way out of the sump-hole of unpopularity in which he had been sloshing triumphantly for so long. The railroad strike had screened his undignified scramble for the bank. But if he remembered jumping into it in the first place he gave no sign...
...Britain's ambassador to Russia, he used to dictate reports in the Embassy backyard under Moscow's boiling summer sun, stripped to the waist. As ambassador to China, during the heaviest Japanese bombings of Chungking, he imperturbably remained in a patched-up bungalow on the blasted north bank of the Yangtze long after most other envoys had prudently moved. His combination of closemouthed diplomacy and forthright bluntness pleases (and somewhat tickles) Britons, who regard him as one of their ablest and most diligent diplomats...
...quandary-how much to talk about the bank on the verge of its collapse -seems to apply to China this week. To tell the truth might start a panic and wreck the bank for certain. Not to do so makes you a conspirator in the eventual bilking. The best hope in such a situation probably is to tell the truth in time to reorganize the institution before disaster...
With the burgeoning Government revenue, Grau had great plans for Cuba: 500 rural schools, a trade and agricultural institute, a badly needed public beach for Habaneros, a $100,000-a-month workers' housing program. Grau also planned an agrarian bank to encourage long-term development of truck farming and cattle raising, and new roads to bring farm products to town. His reiterated basic aim: a Cuba half industrial, half agricultural...