Word: borrower
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
Growth Stifled. But the creation of reserves is only the first step in expanding the money supply. Customers must actively borrow and make deposits if banks are to be able to turn their checking-account deposits into an expansion of credit several times as large. Yet this is not happening. When the economy tilted down steeply late last year, the nation's banks began to turn away would-be borrowers. At the same time, business-loan demand dropped sharply. By then the Federal Reserve was increasing bank reserves rapidly, but it was too late: banks swallowed the added liquidity...
...workers, however, the main safety net is Government unemployment insurance, and there is a growing feeling that it contains holes that are sorely in need of repair. State insurance funds in New Jersey, Connecticut, Washington, Vermont and Rhode Island have already toppled into temporary bankruptcy and been forced to borrow a total of $299 million from the U.S. Treasury to keep going. The Labor Department reckons that as many as 30 other states may have to follow suit within the next two years. To keep their systems solvent, some states are now raising the tax on employers. That will...
...disagree with Mr. Daly's comment in your story: "If this raw material is the best The Crimson can beg, borrow or steal, I feel sorry for its readers." To the contrary, my considered judgment is that The Crimson is fulfilling a basic tenet of American journalism in publishing news without fear or favor and opening a public matter to public scrutiny, discussion and hopefully constructive action in the best tradition of newspapers...
...credit that the Federal Reserve applied last spring and is only now beginning to ease has been especially hard on expansion-minded regional banks like Security National. Unable to raise enough cash by selling stocks or bonds, many of these so-called second-tier banks have been forced to borrow increasing amounts of money from other banks and from the Federal Reserve, often on short terms and at high interest rates, in order to satisfy loan demand. As the recession has gathered steam, meanwhile, bad loans have been mounting...
...Griffith festival in Manhattan. Then she headed for China on a round-the-world lecture tour. She is taking along a selection of silents, among them Griffith's The Lady and the Mouse and A Romance of Happy Valley. "Imagine," Gish said, "I had to borrow prints of those films from Russia. We don't have them. But they recognize film as powerful and important." Then she added, "Movies have to answer a great deal for what the world is today...