Word: bonde
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Dates: during 1950-1959
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...himself determined to follow in his father's footsteps. Like T.R., he went to Harvard, and like T.R., he went to work roughing it-two years, starting as a $7-a-week millhand in a carpet factory at Thompsonville, Conn., two years as a bond salesman in Wall Street, whose leaders hated his father. Like T.R., he joined the Army as the U.S. got into war; in June 1917, a Reserve Army officer, he went to France with the 26th Infantry Regiment, First Division, was followed by Eleanor, a volunteer worker for the Y.M.C.A. Old T.R. liked that. When...
...American hopes have been dashed (see box). No corporation can own land in Cuba unless all stockholders are Cuban; no foreigner may buy or inherit land. If U.S. sugar companies do not sell out within a year, their land will be expropriated and paid off in 20-year government bonds bearing 4.5% interest. According to Castro's estimate, made on a television show, the bond payments would range from $15 to $45 per acre, just one-fourth what the land was worth a year...
Benny sought out a broker, told him of his yen to invest-though he hardly knew a stock from a bond. Having met hundreds of Bennys, the broker knew just what to do. Benny, he said, should invest in shares of a mutual fund. By last week Benny Hall's investment of $5,000 had grown to $20,000 without his putting in another penny. With his nest egg bigger than he had ever hoped, Benny has used his salary and the returns from the sale of his house to buy a $30,000 home, plans to take...
When money rates are rising, even well-priced bond issues often meet a cool reception because buyers are waiting for still higher rates. Last week the U.S. found buyers scarce for its latest issue. To holders of $1.8 billion in maturing issues, the Treasury offered to exchange a short-term (one year), attractively priced (4.05%) issue. Instead of taking the new issue, 30% of the noteholders asked for $547 million in cash, highest attrition rate since the record...
Margaret Canty, a former secretary at the University, pleaded innocent in East Cambridge District Court Thursday to five counts of larcency. She is being held in $29,500 bond for the grand jury...