Word: cash
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Dates: during 1960-1969
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Never before at an inter-American conference had the U.S. coupled such exalted goals with such hard promises of hard cash-loans for long terms, loans at low interest, loans in both hard and soft moneys, loans for social development. Dillon and his men sought out the delegates, spelled out the changed U.S. posture. They urged the Latin Americans to create an attractive climate for foreign investors and local capitalists, but made it clear that Washington no longer insists on private capital as the all-purpose solution for development woes...
...Baseman Billy Martin caved in the face of Cubs' Pitcher Jim Brewer in a rhubarb over beanballs, the Cubs and Brewer fought back with a $1,040,000 suit against the Reds and their terrible-tempered infielder, provoked Martin to crack: "I wonder if they want this in cash or by check...
...including a $340 bill to the Diners' Club. In fact, he told the court, he had no money to pay for a lawyer. Asked by his creditors' attorney whether he ever inspected his books, Williams replied politely, "No, sir." Requested to examine his balance sheet (which under "cash on hand" carried the terse entry: "None"), he fumbled through the papers, asked: "Which column do I read? I don't know debits, credits. I didn't know how to read them if I saw them. I don't know about these corporation matters...
...flashy cash-and-carriage world of Hollywood, actors are often known by the cars they keep. The premier model: a Dual-Ghia convertible. Hand assembled in Detroit, with an Italian body and Chrysler motor, the Dual-Ghia cost $7,500 cash (no trade-ins), and only 117 were made from 1957, when it was introduced, until production was stopped 18 months ago. Frank Sinatra got one of the first Dual-Ghias, and members of his clan, Eddie Fisher and Peter Lawford, were not far behind. But when Sinatra called up to order a fourth for Clansman Sammy Davis...
...Ohio University, got his start in real estate in Columbus, which is still company headquarters. His chief talent is thinking up simple solutions to complex problems; his first big break came during the Depression. Life insurance and building-and-loan companies in Columbus, swamped with defaulted property, had no cash to redeem $100 certificates which were being traded as low as $40. Galbreath organized syndicates of well-heeled property owners to buy up the certificates at the going price, turn them into the companies at $100 face value as down payments on defaulted property. The syndicate members made handsome profits...