Word: credited
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Dates: during 1950-1959
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...make small loans, Hodges' administration established a Business Development Corp. Hodges stumped the state, selling stock in the corporation at $10 a share and raising $1,000,000; he later got an $8,000,000 line of credit from banks, insurance companies, savings and loan associations. To date, the corporation has lent about $4,000,000 to 70 homegrown small businesses and industries in lumps from...
...Credit Weathered the Recession Well
...every schoolboy knows, it was wildly inflated credit that brought on the 1929 crash. When consumer credit rose to a record $44.8 billion at the end of 1957, many an economist wondered uneasily whether history would repeat itself. Would credit, which had helped speed the postwar boom, bring on and accelerate an economic downturn? Now that the recession is waning, the answer is in. The credit structure not only surprised the experts but showed strengthening timbers that no one ever suspected...
...University should act to improve the status of the speech arts at Harvard. Not only should more courses be given, but more positions of tenure should be established, better facilities provided, and more degree and concentration credit given. The Faculty of Arts and Sciences should not refuse to offer a course merely because it possesses pragmatic value. The ability to communicate one's education to the public is a skill deserving attention if Harvard wishes to have any influence on the outside world...
Many departments claim that tutorial for credit provides an opportunity for independent study. With the stiffening of degree requirements, however, a student is unlikely to use his tutorial in an unconventional fashion. Tutorial offers no escape to a special subject outside one's field, and seldom to a subject not covered by a formal course...