Word: bond
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Dates: during 1950-1959
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...Instead the Socialist government has chosen an easy way to manage its debts. Two weeks ago, to help finance oil imports, a group of French banks negotiated a $100 million loan from a U.S. syndicate headed by Chase Manhattan Bank. Last week Ramadier himself introduced a $285 million government bond issue on terms so generous that it will cost the government $20 million a year in interest and bonuses, and investors lucky enough to hold the first bonds retired stand to earn a fat 15% on their money...
...Tribune, which promptly posted bond for Bulloch, told readers in a lead editorial that it had independently investigated the reporter's affairs and remains "confident of his integrity." Pointing out that Bulloch has "earned the undying enmity of scores'' of wrongdoers, the Tribune said: "The indictment seems to have been based on the statements of admitted law violators." Among the charges that Bulloch will face is the claim that he had been voted a 10% cut of their profits at a bootleggers' meeting which Bulloch did not attend...
...PARENTS will get a U.S. Savings Bond sales pitch from Government as soon as baby is born. In hospital nurseries Treasury Department will circulate a pink promotion letter urging all "Dear Parents" to buy bonds for infant's sake...
...Congress approves, the boost will come through the same device used in 1952 to raise interest from 2.9% to 3%. The maturity period of bonds was then cut from ten years to nine years, eight months. The new plan would cut maturity to eight years, eleven months, and pay 3% interest after only three years. (The holder will not get the 3¼% unless he holds the bond till maturity.) A similar rate increase will be made on Series H bonds, which are sold in denominations of $500 and more, with semiannual interest payments. Series J and K bonds, sold...
...India, where he recently demonstrated to the locals the military art of bayoneting (TIME, Feb. 11), Soviet Defense Minister Georgy Zhukov swung a sword at his longtime bond with Dwight Eisenhower. Asked by newsmen for his view of Ike's new Middle East doctrine, Marshal Zhukov declared that though the new policy may not be Eisenhower's own idea, "it is a step toward war." Then he said deliberately: "Eisenhower is my old friend as a soldier [but] I do not know what is left of him as a soldier-whether he is still the same...