Word: creditably
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Dates: during 1950-1959
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...their own homes; nowhere do they spend more money on education and welfare. British Columbians have little of the Easterners' attachment to the major national parties. The province has not had a Liberal or Tory government for 17 years. It perks along with a public works-minded Social Credit movement, whose Premier William Andrew Cecil Bennett takes pains to assure potential investors that their dollars are coming to the right place...
...MILLION OIL AID is soon planned for Argentina by U.S. investment group spearheaded by George E. Allen, presidential golf pal. Group plans to extend $170 million in credit to Argentina, will do $300 million worth of drilling and build $320 million worth of pipelines, producing facilities in Argentina. In U.S. group are Atlas
...CREDIT CARD will be offered by Chase Manhattan Bank, second-biggest U.S. bank (No. 1, Bank of America), for use in New York City retail stores. Card holders will be charged nothing if they pay all bills each month, but can delay payments up to five months for charge of 1% of unpaid balance. Retailers will pay 6% service fee to bank...
Conspicuously absent from the above list is the Socialist Club, formed by Reed's friend Walter Lippman. Several of Reed's biographers, in tracing his political development, have given him undeserved credit for helping organize the club. The Socialist Club itself was more interested in promoting discussion than political activity...
...recession showed clearly that credit is not the great danger to the economy that many people thought it was. After six months of declining, consumer credit turned around in August as people switched to buying more than they paid off. In effect, many a consumer wisely used the recession to pay off debts-and now is in shape to step up buying again...