Word: borrowings
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Another sign of easing is that bank loans and bank investments dropped by $2.3 billion in January, as businessmen lived off their inventories and postponed marginal expansion plans rather than borrow heavily at high interest rates. In addition, January also brought a sharper than seasonal liquidation of bank credit, in which heavy repayments of loans more than wiped out a big credit increase in December...
WASHINGTON, Feb. 7--The United States announced today it will open negotiations with Communist Poland soon on that country's proposal to borrow American dollars and buy American goods. The purpose is to shore up Poland's newly-won independence of Russia...
...Enemies. Dynamic, shrewd, almost hypnotic in his molasses-smooth manner, Odie Seagraves earned a reputation as "the man who can borrow more money on less collateral than any man in Texas." Along the way, he made-and invariably lost-staggering fortunes, yet always found the backers for still another deal. "Odie," says an awed and envious rival, "can make a hundred enemies and kiss them all good-bye-and go out and make a hundred friends and get a hundred million...
...literature," Jarrell complained, "is Instant Literature, Ready-Mixed Literature . . . easy, familiar, instantly recognizable thoughts . . . already-agreed-upon, instantly acceptable attitudes." When he turned to the visual arts, there was somewhat less jaundice in his eye but just as much cheek in his tongue: "I hardly know whether to borrow my simile from the Bible, and say flourishing like the green bay tree, or to borrow it from Shakespeare, and say growing like a weed...
...Their pitchers threw baseballs at his greying head and their bench jockeys winged epithets at his quick temper. Still his big bat, or darting base running, broke up ball games. The very sight of his pigeon-toed trot to position moved the fans on Coogan's Bluff to borrow from Yankee territory that ultimate complaint, the long Bronx cheer. Even when taking their lumps from every other team in the league, the Giants usually managed to play good ball against the Brooklyn Dodgers, but they never really beat Robby. So last week they did the next best thing: they...