Word: borrowings
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Dates: during 1960-1969
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...independent secondary schools, with an enrollment of about 250,000, send 95% of their graduates to college, against 40% from public schools. This faith in private schools is chiefly rooted in their freedom. They can select better students. They can pay teachers by merit, make innovations, borrow ideas from anywhere. On every score they can outpace all but a few crack public schools...
...years since he became president of the World Bank, rangy Eugene Black, 64, has capitalized on a unique blend of financial acuteness and infectious Southern charm to borrow some $2 billion from private investors and relend it to backward nations for carefully chosen investment projects. In the process, the international financial community has come to think of the World Bank (official title: the International Bank for Reconstruction and Development) as "Gene Black's bank." This week, with Black close to the mandatory retirement age, the bank's 18 executive directors will name a new boss for Gene Black...
When shrimps learn to whistle, to borrow a proverb from Nikita Khrushchev, Soviet agriculture will provide enough food for Russia. Meanwhile, on an inspection tour of harvests in Central Asia, Khrushchev faced the perennial farm crisis all over again...
Inflation, always a bugaboo, is in a disastrous upward spiral. With export income and foreign investment at a standstill, governments are forced to borrow or print money to support domestic industries and put their growing populations to work. But the increased currency in circulation is not matched by an equivalent increase in goods for sale. Thus prices climb higher, and the cost of living rises far faster than the world average. In the past five years, the cost of living jumped 212% in Argentina, 158% in Bolivia. 146% in Brazil, 111% in Chile, 133% in Uruguay...
...Pros. Mr. Smith is back in Washington, more or less. Lifting the title of the old Jimmy Stewart movie, NBC has turned Smith into a "dip me in butter and fry me for a catfish" type, giving the role to Fess Parker. It maybe-to borrow a line from its own dialogue-"in more hot water than a washcloth." Another old movie, Going My Way, is now a TV series (ABC), with Gene Kelly and Leo G. Carroll doing nicely as Father Bing Crosby and Father Barry Fitzgerald. In other seasons, a cassock opera like this one might have stood...