Word: borrowings
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Dates: during 1950-1959
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...surplus was a fortunate miscalculation. Besides holding down inflation, he said, the surplus provided the government with funds to stockpile defense material and to pay off nearly $400 million in maturing bonds and national debt. With cash on hand for these purposes, the government did not have to borrow money during the year. And that left the investment market wide open for Canada's booming oil, mining and manufacturing companies to raise capital for expansion...
...movie, which will be done in 8 mm, non-synchronized sound, will run approximately 15 minutes. The Gold Coast group already owns some of the necessary equipment and plans to borrow the rest from Ivy Films. Undergraduates from any of the Houses are eligible to join the production staff...
...movement grows apace; fully a third of Manhattan's art shows reflects it, and more & more art lovers claim to love it. Connoisseurs croon over the "technical mastery" of a Jackson Pollock (who dribbles his colors from pails of paint). They borrow such Hans Hofmann phrases as "push and pull on the picture surface" and "empathy in a psychoplastic and rhythmic sense" to praise a Hofmann canvas. When Abstractionist Willem de Kooning admits that he is "still working out of doubt," they can hardly bring themselves to believe...
...left M.I.T. for a teaching job that paid better-$2,000 a year-at Nova Scotia's Dalhousie University in Halifax. When he arrived in Halifax, aged 22, he was almost broke and had to borrow $100 to tide him over until his first payday. One of his colleagues recalls: "He was a typical good young M.I.T. graduate-vital, clean-cut, tireless, very, very fit, and very, very pleasant." He was also a good teacher...
...support price, holds them in Government-leased warehouses until the market price rises above the support price, then sells them. A handful of warehouse operators had been selling the grain when prices were high, hoped to replace it later with cheaper grain. But like the bank teller who borrows money from the till to play the horses and plans to pay it back when he hits a winner, many a warehouseman never got around to making up the shortage. Explained one grainman: "It has been going on for years. It just sort of crept up on 'em. Fellow would...