Word: borrowings
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...Bank, a semigovernmental institution that marshals local funds and directs them to new projects. In its biggest project so far, the resources bank helped the Australian backers of the Mount Newman iron mines raise development money. Now some federal officials would like to establish a similar organization that would borrow funds outside Australia on behalf of Australian investment. For his part, Gorton has so far not taken threatened legislative steps to provide for larger local investments. For the moment, the government is merely stressing strongly to outsiders that "some local participation both in ownership and management" would be "prudent...
...equates defeat with failure runs the risk of creating angry outcasts who eventually seek revenge and justification. In extremity, such explosive emotions can drive frustrated losers to the crime of "magnacide" (killing somebody big). Lee Harvey Oswald, the archetypal U.S. assassin, almost certainly murdered John F. Kennedy partly to borrow for himself the luster of a glamorous winner. The Oswalds are rare. Still, Americans do need a lot more help in coping with the problems of losing...
...Faculty will probably have to borrow from the University Treasury if the 1968-69 deficit is larger than $500,000, Ford said. "We either have to borrow from them," he said after the meeting, "or else dip into unrestricted endowment--and that is something that northeastern universities are notably reluctant...
...from $400 million to more than $1 billion annually, and the country's cumulative deficit grew to $555 million. Tax dodging by the privileged was flagrant, but Belaúnde's programs were in any case beyond Peru's fiscal capacity. So he went abroad to borrow money to keep his plans afloat, until the foreign debt mounted to $900 million...
...enjoyed your article about mysterious pictures [Sept. 6]. Like most art historians, the problem has long fascinated me and I finally did an exhibition on the subject a few years ago. Unfortunately, I was unable to borrow all the things I wanted as many museums will not publicly admit that certain of their pictures are problems...