Word: costes
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Dates: during 1950-1959
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Most businessmen do not think that the high cost of borrowing will choke off the boom. Corporate income taxes today trim the real cost of borrowing money by as much as one-half, with the result that the effective cost of borrowing money is still lower than at many other times in U.S. history. Moreover, a borrower who really needs the money is not likely to quibble about half a point...
...against a 1957 peak rate of $38 billion and a 1958 slump low of $30 billion); many crystal-bailers see a pace close to $40 billion in 1960. "Here's what will happen next," says Vice President Russell H. Metzner of Cleveland's Central National Bank. "The cost of living will rise. Hard goods will be immediately affected because a bigger share of consumer spending will go to the cost-of-living items [mostly soft goods]. And then we will have a drastic reduction in inventories and capital expenditures. I expect to see the downturn in late...
...found close to $1 billion for borrowers. And last week Money Finder Clark was dickering on the biggest deal of his career: arranging the financing for two 90,000-ton. super-economy transatlantic ocean liners. If the German government will give a guarantee for 70% of the costs of the ships, a plan that German Economics Minister Ludwig Erhard intends to discuss in New York this month with Promoter H. B. Cantor and other principals, Clark figures that he can raise $112 million out of the estimated $160 million cost "in 30 days." With the "floating hotels," Cantor plans...
...first rescuers penetrated into Peking. The Boxers melted away, and next day the main force followed. The siege cost the lives of 66 foreigners and six babies. The rest were saved largely by the incompetence of the Chinese besiegers and the bravery of 2,000 Chinese Christian converts, who dug ditches and erected barricades...
Miss McKenna's Lady Macbeth was a remarkable and consistent performance. She made it clear that she did not covet the crown just for her own sake but wanted her husband to be king at any cost because she was so much in love with him. Her tricky deportment at the banquet and her exit therefrom were wonderfully handled...