Word: bankrupts
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...suddenly into conflict . . . This, however, was not anticipated . . . No military leader has made the remotest suggestion that we should launch an unprovoked attack upon any country on earth . . . No military man before us recommended complete preparation for war. Nothing would please a potential enemy better than to have us bankrupt our country and destroy our economy by maintaining complete readiness for armed conflict." As it is, added Mahon, "This year we will appropriate for national defense more than 3,000% above the sum that was expended for national defense four years after World...
...which so far has received no ERP help, is in worse economic shape than any country in Europe. Franco must receive U. S. aid if his government is to survive; he needs an estimated $700,000,000 to keep the Spanish economy from going bust. His industry is near-bankrupt, railway system wrecked, food-production cut to a starvation level. Thirty-one percent of the total national revenue supports his armed forces. And a lot of people in this country have been anxious to help...
Karen control of the Irrawaddy had cut off rice shipments from Rangoon.
The bankrupt government hoped anxiously for a ?25 million British loan
($100 million). In London, talk revived that Burma, after 15 months of
chaotic independence, would apply for readmission to the British
Commonwealth. In Rangoon, Premier Thakin Nu had moved into a thatched
hut behind his house, and taken a vow of chastity (he has eight
children). Thakin Nu's friends said that he was devoting himself to
becoming a Buddha 999 worlds from now. Recently, Thakin Nu and
thousands of other residents
...stray dogs, wet leaves on the tracks, and sea gulls short-circuiting transformers. Its trains sometimes take the wrong switch and "get lost." Last week the comedy was taken to court. The Long Island's officers marched into Brooklyn's Federal Court and declared the road bankrupt, the first U.S. Class 1 railroad to do so in four years...
...Deal. The Long Island's troubles were caused by: 1) poor management; 2) the preponderance of passenger traffic over money-making freight traffic; and 3) the recent rise in operating costs. Never a rich road (it had gone bankrupt twice before), it had nevertheless managed to make money between...