Word: cash
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Dates: during 1960-1969
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...About four miles overlooking lake victoria is situated our crazy hut, thatched of grass but without furniture due to intense poverty. We have neither domesticated animal nor cash crop that can wealth us, so as to aid me in the education sphere. May I add that I have got no elder brother to support me and my father is lame. So this incident combined with chronical poverty imposes upon me an overwhelming barrier which goads me tremendously to weep to you for the first help...
...rebels are fighting for full independence from the north. Northern Moslems are dark-skinned people who are either nomadic or live in mud-brick houses and work on plantations, growing the cotton that is the Sudan's only big cash earner abroad. In contrast, the flat-nosed blacks in the south live in thatched huts in the rain forests and on the savannas, are largely tied to a subsistence agriculture. Many of the tribesmen living in the south are converted Christians who feel that the regime tries to make them bow to the will-and many of the religion...
...hitherto controlled the Société with 500,000 shares. Onassis' next move may well be to offer his shares to Rainier, who is bound by law to buy them. If Onassis does sell out, the Prince will have the problem of raising some $10 million to cash in his ex-partner's chips...
...Administration also got valuable aid from an occasional antagonist over interest rates. The Federal Reserve Board, spurred into activism by the appointment of new young economists, has worked through the winter to make money looser. Mandatory reserves at banks have been lowered by $850 million in order to free cash for loans. After a meeting of the Federal Reserve's Open Market Committee last week, $1.3 billion in Government securities were bought up to free still more money for lending. At his press conference last week, Johnson proudly announced that interest rates"have come down as much...
...pickup truck, Ling contracted to lay wires in buildings springing up in prosperous Dallas. He learned finance, went public, issuing 800,000 shares in his little company-keeping half for himself-at $2.25. Next came his first acquisition: an electronic-vibration-equipment maker, for which he paid $19,000 cash and assumed the company's debts of $66,000. After a series of small takeovers, Ling was ready for the big time. Between 1959 and 1965, he acquired the Altec Companies, Temco Electronics & Missiles, Chance Vought, and Okonite...