Word: billion
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Initiate $5 Billion School Aid Plan...
...offer-a loan of $130 million to be paid back over twelve years at a mere 2½% interest-has worked to its advantage. In Indian eyes, this makes the Bhilai project a business deal rather than an embarrassing "gift" (since 1947 the U.S. has showered a whopping $1.75 billion on India in gifts, loans and credits). Furthermore, at cost to its own steel industry, the Soviet Union has been sending India its top talent. "They have to be our best men," said one Russian. "You can say it is a matter of face. But we want this plant...
...little sand will glassify on the cavity's sides. Then they hope that the oil will be thin enough for piping to the surface. Experts claim that no radioactive hazards to man will result from the planned explosion. If the Athabaska sands yield their treasure, an estimated 300 billion bbl. of crude can be freed in that region alone...
...rising consumption, plus a rush to build inventories as a hedge against a steel strike this summer. The three-year contract with the A.F.L.-C.I.O. United Steelworkers runs out July 1, and the steel union has already done some tough talking about the big pay package-estimated at $1 billion a year in wage increases and benefits-it expects to demand. Most steelmen, along with their customers, expect a strike. The automakers, trying to lay in enough steel for their 1959 models and part of their 1960 production, guaranteed their suppliers against loss if they in turn would buy ahead...
...some minor points, give ground on others to proponents of more extensive subsidies. Already dead, apparently, is the President's idea of lifting all ceilings on FHA mortgage insurance, the backbone of the private-enterprise housing program. Instead, Congress is moving in the direction of handing out $5 billion of mortgage insuring authority for the rest of this fiscal year, $5 billion for next. Nearly dead too, is Ike's idea of cutting out public housing authorizations, of raising the local share of land costs in urban renewal. Democratic housing leaders last week predicted: 1) authorization...