Word: banke
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Dates: during 1960-1969
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...down 40% from 18 months ago, and sales of dry goods, medicines, cars and appliances have dropped 25%. Unemployment has risen to 10% of the working force. Velasco has resorted to ruling by decree, and hopes to lure investment through a policy of incentives and the easing of bank credit rates...
...doing is helping Johnny Jesus and two other let-out cons get aboard the evening train out of Glory. Johnny is a dreamy lad of 17 who has just served three years for a rape that he did not commit. Lee Cottrill, standing there beside him, is a daft bank robber. Then there...
...Board decided last December to get tough about inflation. Last week the deliberate squeeze on credit pushed many interest rates to the highest levels since 1929, causing considerable anxiety among bankers. Many moneymen fear that one more turn of the Federal Reserve's monetary screws might, as the Bank of America put it, cause "serious disruption in the financial markets and create conditions that would generate a recession...
...plan is well under way in Savannah, where 40 impoverished Negroes have been helped to buy homes and 23 have received loans to begin or expand their own businesses. The bank has also mounted cleanup campaigns in the Negro neighborhoods of Valdosta and Albany, Ga., where thousands of blacks and whites together swept up and carted away hundreds of tons of junk. When the campaign was repeated in Savannah, some 30,000 people showed up to participate. Last week Lane introduced his plan to seven other Georgia cities, including Atlanta...
Discovery in Jamaica. Until recently, Lane, 57, was a political conservative with segregationist sympathies. His dealings with non-U.S. blacks over the last two years, when he helped organize the Jamaica Citizens Bank (49% owned by Citizens & Southern), radically changed his outlook. Back in the U.S., he drove around the slums of his native Savannah and was appalled by what he saw. "It is high time," he said, "that we get around to emphasizing what a person...