Word: cashing
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Dates: during 1950-1959
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...appropriations group okayed the full $1,260,000,000,000 in new cash the President asked for. It also approved Eisenhower's request for authority to transfer 110 million in funds now available, and added 40 million to this amount...
This policy left Russia with a comfortable and obvious opening to offer oil-development loans and drilling rigs that the state monopolies now get, for-cash, from the U.S. Soviet government officials and South American Communist leaders met in Moscow in November and plotted a new Russian attempt at trade penetration, starting in Brazil. Nikita Khrushchev himself offered oil-drilling equipment to Brazil...
...spur the upswing in residential building, the Federal Housing Administration last week eased credit for home buyers, second such move in two weeks. Most buyers will no longer have to put up cash for closing costs in buying a new house, but can tack them on the mortgage loan, thus lowering down payments. To attract more lenders, the agency increased allowable discounts (to a maximum 3%) on FHA-backed mortgages in 17 Western states, where mortgage money is tight...
...wage it-one that turned out not just tanks, or guns, or planes, but entire weapons systems. He set out to create a General Motors of defense, visualizing it as a national service as well as a business. Using Electric Boat as his nucleus (the company had plenty of cash but few orders after 1945), he worked out a careful formula for expansion. He wanted solid, well-managed firms that could be picked up for a small amount of cash or an exchange of stock, then made into even better companies...
...made his first move in 1947. Canada's huge government-owned aircraft industry, Canadair, seemed too heavy a peacetime investment for the Canadian government, and it was shopping for a buyer. Hopkins snapped up the two plants for only $2,500,000 cash, and every year since then Canadair has returned its original purchase price in profits. Though his company was still small, Hopkins searched around for a name that would better reflect his imaginative ambitions-and settled on General Dynamics...