Word: credite
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Dates: during 1950-1959
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...standards with the number of low grades given--"the domineering element in the student's relation to his education is--the grade." He expresses his skepticism of: admissions examinations, small classes, general education, restricted college enrollments, long presidential tenures, professor-administrators, and the "publish or perish" theory. On the credit side, he thinks that the high schools are better than they were thirty years ago. He debunks the professors who deplore the lack of pre-college preparation, and correctly declares that all the non-scientist college entrant needs is the ability to read and write competent English...
Speaking before an overflow crowd of 600, Butterfield criticized the modern tendency to credit the Renaissance with the origin of the modern world. "We have attributed to the Renaissance some of the things which only appeared in the seventeenth century," Butterfield maintained, "and several of the characteristics which were thought to be original with the Enlightenment actualy have their roots in the period from...
...limits of quick credit are bounded only by the businessman's imagination. Last month Amarillo's First National Bank wheeled out a car credit card to buck the big auto financing agencies. The holder presents the card in the auto showroom to prove that he has the bank's approval for a loan, like a cash buyer can drive out in a new car within minutes...
Charm on the Cuff. The new credit ideas bring closer the credit man's dream of a single card or check for almost all goods and services. The granddaddy of the credit cards, Diners' Club, has recently added health resorts, beauty parlors, charm schools, theaters from Broadway to Los Angeles, even boxing arenas and ballparks; for the fiscal year (ending March 31) it expects membership to rise by 425,000 and hit more than 1,000,000, billings to be $140 million, up 54%. American Express, which recently signed 3,753 auto dealers to honor its cards...
Does this outpouring mean credit is being used to excess? Bankers think not. Their delinquency record is minuscule; the recession's trough produced few deadbeats. Ben H. Wooten, president of Dallas' First National Bank, told the credit conference: ''Private credit has not been abused. The amount outstanding today is not excessive in relation to our ability to service...