Word: bond
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Dates: during 1950-1959
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...bribery, tax evasion, cheating in contracts, stealing of state property and theft of state economic secrets"-had killed thousands of tigers (many were suicides) and enriched the hard-up Red regime by some $200 million worth of confiscated property. The Five-Antis drive in effect served as a war bond drive for Korea-except that the Chinese businessmen won't get their money back and won't produce at the old rate. Enriched by the booty, government finances were obviously better; after a half year's lapse, the Communists began buying goods through British Hong Kong...
...swimming pool, and a basketball game of sorts, and real hot dogs, and what looks like real rain are but incidents-and not very imaginative ones-in a never really gay evening. Harold Rome's score is agreeable but commonplace; except for Comedienne Sheila Bond, the cast, though youthful, is colorless. One trouble is with the people-or with the fact that there are none. Only in an occasional phrase, or in a song called Tripping the Light Fantastic, does the show stoop to the level of mere fumbling human beings...
...Vitoria-and Vitoria watched them go with regret. Eight years before, when the Christian doctors of Vitoria had fled from the bubonic plague, Jewish doctors had come out of their ghetto to minister to the town's sick and dying. Vitoria's city fathers gave their bond to the departing Jews that their ancient cemetery, the Judiz Mendi (Jewish Hill), would never be "touched, wounded or tilled...
Money Machine. On top of all this, the Government began to raise the inflation fever by pouring billions into the nation's credit system. It floated last week the biggest Government new bond issue since 1945. Thus the Government started a big expansion of credit, the basis of all the post-war inflation...
...current fiscal year on June 30, there will be an estimated deficit of $5.2 billion. In the next year, the deficit is estimated as high as $14.4 billion. As a starter toward borrowing the cash to meet this deficit, Treasury Secretary John W. Snyder floated his "deficit" bond issue, permitted commercial banks to buy for the first time since 1945. To keep down their buying and expansion of credit, Snyder ruled that they could buy only $500 million of the issue; only non-bank buyers could apply for the rest. To encourage private buyers, Snyder offered the bonds...