Word: borrowings
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Dates: during 1960-1969
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...monthly letter of the Morgan Guaranty Trust Co. Henry Ford II announced that his company will finance all of its expansion in Europe and Canada "through funds generated outside the U.S." Faced with the prospect of mandatory controls if this program fails, most U.S. businessmen abroad will probably borrow more from foreign bankers and transfer more of their foreign profits to the U.S. That will make for costlier operations and slower expansion overseas. It will also, by Government reckoning, cut the U.S. payments deficit from $3 billion last year to well under $2 billion this year-and to $500 million...
...litterbug's playground, scattered with the paperwork of mass communications. There are doodles drawn from Erasmus' notebooks, titles that refer to obscure Marxist-Leninist deviationists. In one corner of his An Early Europe is pasted the source photograph of neoclassical nudes that inspired the painting's composition. He will borrow an economist's catch phrase, The Production of Waste, to title a 1963 oil showing a trio of allegorical figures chopped up like news photos of poverty, stupidity and avarice. "My pictures are a compendium of disparate imagery," he says, "mixing sweet subjects with sour ones...
This very independence helped assure a cordial reception from doctors. So did Geffen's decision to borrow a trick or two from consumer magazines. Originally subtitled "The Newsmagazine of Medicine," MWN offered its contents from the start in readily digestible prose. Unlike JAMA, which is written by doctors, MWN is produced by professional journalists. Today it maintains bureaus in Washington, Chicago, Boston and Paris, and a full-time editorial staff of 51, under Executive Editor William H. White, 40, all with previous experience in medical journalism. This is also true of Editor Morris Fishbein, M.D., a personal friend...
NANCY: Oh, that's right. I'd forgotten. By the way, Charlie, I can't seem to find my soap. Do you suppose I could borrow yours?...... Richard M. Williams...
Defying Gravity. As long as housing fails to gain, this year should be an easy one in which to borrow mortgage and other long-term money. Though inventory buying in fear of a May 1 steel strike is increasing demand for commercial and other under-a-year loans, most bankers see little chance that short-term rates will rise any time soon. But a coming squeeze on bank profits could easily lead bankers to tighten up later in the year. After all, no one can indefinitely defy the economic laws of gravity by paying more for money and lending...