Word: banke
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Dates: during 1940-1949
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...fact that the U.S. is going to make large-scale loans was nothing new. The U.S. committed itself long ago to the theory that one way to peace is the way of international trade-"free from warring economic blocs and . . . barriers." That was the theory behind the International Bank established by the Bretton Woods agreements. Until the Bank can get going, the U.S. alone plans to underwrite that theory, in a limited...
Whaddya Want, Blood? In Philadelphia, two thugs held up a blood bank, wondered why six nurses were giggling uncontrollably at gunpoint, suddenly realized how silly the whole thing was, sheepishly gave...
...boasted of their superiority to the men of World War I. But actually the Government had failed to combat the real causes of inflation. Only 41% of the cost of war was paid for by taxation; the rest was financed by selling Government bonds, almost one-half to banks. This created what Federal Reserve Board Chairman Marriner Eccles calls "monetization of the public debt": by the complex workings of modern finance, sale of a million dollars in Government bonds to a bank produces the same end result as printing a million $1 bills...
...Canadian Press reported from London that Russia's Andrei Vishinsky was en route to Canada. It turned out to be Louis Rasminsky, a Bank of Canada official homeward bound from...
Lincoln was such a success that everybody wanted to get in the act. Kids at Lincoln made drums from coconuts and formed their own symphony orchestras. Tenth-graders solemnly analyzed the biases of the daily newspapers. Fourth-graders built their own bank of plywood and paid for their lunches by check." Older students made trips to T.V.A...