Word: borrower
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Dates: during 1930-1939
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Biggest bug in the bonnet of any municipal financier is how much debt his city ought to carry. One school of thought holds that cities should borrow as little as possible, cites Kalamazoo. Mich., which burned its last bond in November 1937. having embarked on a pay-as-you-go policy. The opposite school holds that cities are foolish to pass up the opportunity to make permanent improvements when money is cheap, and especially when Harold Ickes' PWA will give 'outright 45% of the money. Leading middle-of-the-roader is New York City's little Fiorello...
Chicago Daily News Cartoonist Vaughn Richard Shoemaker last week suggested that Father Divine might have occasion to borrow a lawn mower for his new 500-acre estate across the Hudson River from Franklin Roosevelt's "Krum Elbow" (see cut). The possibility of such a call soon became open to question. In New York...
...good assortment of such spare parts an operatic director can assemble operas almost as rapidly as mechanics assemble automobiles. And the spare parts being more or less standard the world over, he can Jend particularly fine spare parts, famous Siegfrieds, Rigolettos or Toscas, to other opera houses, and borrow theirs in return...
MURDER MAKES A MERRY WIDOW- Robert George Dean-Crime Club ($2). Two private detectives solve the murder of a Midwest newspaper columnist, who in his spare time dabbles in blackmail. Plot: ingenious. Action: swift. Unless a reader is tired of the tough, hard-drinking detectives, a good buy or borrow...
Wishing to add two guest rooms to his house in Framingham, Mass., Son-Secretary James Roosevelt, went to a bank to borrow $2,500. The bank sent his application to the Federal Housing Administration in a routine way. Son James, knowing the Housing Act, offered to bet 50? that FHA would turn it down because the rooms were to be separated from his garage by about 24 inches, therefore not technically part of the building. FHA turned down the application. So the astonished bank lent Son James $2,500 on his face...