Word: creditably
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Dates: during 1950-1959
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...CREDIT, which was once the sign that a person had trouble meeting his bills, has taken on a glamorous new meaning in recent years. Now a man with a credit card can rent a plane or boat or car, live it up in nightclubs, take a safari to Africa and even get a Kelly Girl for temporary office help. Why? Because of the Credit-Card Game, see BUSINESS...
...Payne, handshaking, backslapping Ed Muskie, a Roman Catholic and father of three (a fourth is due in December), is the best campaigner on the Maine scene in many a year; even Republicans admit that he has been the most effective Governor in the last 50 years. He got the credit and Republicans the ill will last spring when he called a special legislative session, proposed to extend recession-ridden Maine's unemployment aid or accept federal help, was turned down by G.O.P. legislators. Just three days before election, President Eisenhower vetoed the Payne-sponsored bill to provide federal funds...
With such proof of recovery before it, the FRB last week continued tightening credit, gave the New York, Cleveland, Richmond and St. Louis Federal Reserve Banks permission to up the discount rate from 1¼% to 2%, continuing the upward move initiated by the San Francisco Reserve Bank (TIME, Aug. 25). The earlier rises brought no change in the prime rate (i.e., the interest charged customers with blue-chip credit), which is set by New York banks that make 20% of bank loans to business. But as soon as the New York Federal Reserve Bank raised its discount rate...
...establishment of the HSA could become a great boon for the Student Employment Office. Also, the corporation could benefit the bright student with a new profit-making idea. The HSA can provide credit to start a business, and will provide secretarial service for the new concessionaire. The Board of Directors can provide advice, and the Student Employment Office can refer other students as assistants...
...side of the square miles of human flotsam, but nobody was looking for Indy survivors, and for 84 hours nobody saw them. When they were spotted, it was by accident. Then rescue measures were swift and effective-the one aspect of the disaster that was a credit to the Navy. But only 316 (15 officers, 301 enlisted men, from a total complement of 1,196) survived...