Word: burdens
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Dates: during 1970-1979
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...about stock-purchase loans to correspondent bankers. Yet if a banker cannot borrow money from his own bank to buy its stock, why should he be allowed to borrow from a correspondent bank for the same purpose? It is clearly time for a new law that would shift the burden of proof, and forbid big banks to make personal loans to officers of cor respondent banks unless both parties can prove that the transaction is an "arm's length" deal...
...bankers have good reason to applaud the Witteveen facility: it will at least relieve both them and their international borrowers of a burden that is swiftly becoming a threat. Lately, private banks have taken on much of the job of recycling the enormous surpluses piled up by oil-exporting nations. Total debts owed by governments to major commercial banks ballooned from $110 billion in 1969 to $550 billion last year. Now the banks are reaching the ceiling of their willingness to lend to troubled nations-and countries such as Brazil, Mexico, Peru and Zaire may be nearing...
Some emigrants are leaving because they have given up hope that white minority rule can continue and they want to avoid what a departing accountant delicately calls "the trauma of transition to black rule." Even whites who believe in Smith's cause wish to escape the crushing economic burden of military service; present regulations require white males over 18, after spending 18 months in the armed forces to serve an additional seven months a year until age 38 and thereafter, 70 days a year until...
...enfant terrible of the German film industry, is widely-known for his existentialist treatment of his subjects, and Aguirre is no different. Herzog's view of the Spaniards' abuse of the Indians they found in Latin America is offered through juxtaposition of images--four chained Indians struggle under the burden of a gaily-decorated sedan chair while its occupant looks on impassively; the monk impassively kills two Indians who fail to understand his efforts to proseletize. But the filmmaker's views are rarely more articulated than this, as if he accepts the conquistadors' brutality because that...
Although Carter once predicted that the decision would be a lonely one, the burden did not appear to have weighed heavily on him. Was he relieved to have it done with? Said Powell: "As with any difficult decision, there has to be some sense of relief." Still, Carter's decision will hold only until the refurbished B-52s begin to require replacement. Then the debate over a new generation of bombers, if there is to be one, will resume. Certainly, few in the Air Force would agree that the manned bomber has no future. But this is a problem...