Word: borrower
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Dates: during 1950-1959
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...with mamma's sighs, the sofa bed, and the kitchen-wall stains from "the smoke of a thousand lamb chops," Bill decides to quit college, quit home and go into business for himself. With Bill, venture capital is a question of whom to borrow from. Rich Uncle Simon seems a logical choice ("If you think that money isn't enough to make a person happy, you've just never met my Uncle Simon"), but Uncle Simon refuses with the reproach: "My boy, you want to learn how to shave on my beard...
...Brower of Manhattan's Batten, Barton, Durstine & Osborne stepped into the money jam, whistled up an adman's notion of creating motion. Advertising has the job of awakening desire, said hard-selling Charlie Brower to an American Bankers Association meeting in Chicago. His advice: let bankers quickly borrow some advertising techniques...
...examine the economy before moving toward an antirecession tax cut or an all-out public-works program. On March 21, the day Washington had so anxiously awaited, a top Administration economist gazed out a window at the heavy snow. "Give me April," he muttered. "I'd like to borrow April...
...solution that satisfied everybody was to borrow the United Arab Republic's formula that international agreements signed by either Egypt or Syria would remain binding on whichever country had signed them. Under this formula, Iraq could stick by its Baghdad Pact commitment until August 1959, when the treaty provides that all members may reconsider their membership...
...hoped to give the economy a lift by making it more attractive for businesses and consumers to borrow funds. Chase Manhattan Bank, second biggest in the U.S., quickly cut its prime loan rate from 4½% to 4%; on the West Coast, the Bank of America, the nation's biggest, did the same-as did hundreds of smaller banks everywhere. Yet many banks kept their rates unchanged simply because there is still a great difference of opinion on how tight credit actually...