Word: borrowers
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Dates: during 1950-1959
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Tito's visit has caused rumblings in Communist circles all over Asia, and General Ne Win was in no mood to borrow trouble with his Red Chinese neighbors on the north. Red China and Burma dispute their common border, and Ne Win's army is trying to rout out Communist guerrillas. Red China's Ambassador Li I-mang has lately complained to the Burmese for permitting the showing of the Nat "King" Cole film China Gate, and even protested when a soccer team from Hong Kong played in Rangoon. And so in Burma Tito got a formal...
...that rising consumer debt is a sign of prosperity, expanding in times of optimism, contracting in times of doubt. With recession in 1958, consumers paid off $1 billion in auto debts, the highest repayment since World War II. Now, with recovery, they should be in the mood to borrow for cars again. While predictions are for a 5,500,000-car year, automen think they may do a lot better. One hopeful sign at year's end: cars were selling at a far faster clip than a year ago, when Detroit was already beginning to trim production to match...
...Morgan Jr. that he became a Morgan partner in 1939. He became chairman in 1955, with a reputation for topflight banking and for building Morgan's staff. In line with Morgan's new look, Alexander does a lot of traveling, tells prospects: "When you decide to borrow money, do not forget your country cousin at 23 Wall...
Slug? In Louisville, Ohio, a man walked into the Beacon Finance Co., told a clerk he had business there but first wanted to borrow a nickel for a parking meter, went out with the nickel, soon returned and pulled a $900 stickup...
Night after that, treating the Queen to Thanksgiving turkey at the U.S. embassy residence, Nixon even got an unexpected human plus. Somebody in Washington forgot to pack his tuxedo; Nixon had to borrow one from a newsman, got nice press notices about "the man who came to dinner without his dinner jacket...