Word: crediters
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Dates: during 1960-1969
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...been evacuated, I was much impressed by the accuracy and fairness of your account. I have talked with dozens who eyewitnessed various phases in Jerusalem, Beirut and Egypt from the Arab side. Everything you said correlates, and I was happy to see King Hussein get due but not excessive credit for his heroic synthesis of conflicting loyalties. His people deserve all the help we can give them...
...payment. "Our theory," explains Rich, "is that 95% of the people are honest, and we're not going to discommode 95 people to root out the other five." Established in the days when Southerners paid their bills once a year when the cotton "came in," Rich's credit department patiently lets people pay when they can, never tacks on service charges. In 1951, when Georgia's peach crop was ruined by cold weather, the store ran a full-page ad in the Atlanta Constitution. It showed an empty peach basket and noted: "Rich's understands. Rich...
Perkins will find Dun & Bradstreet as complicated as a multiversity. The mainstay of the 126-year-old firm is still its credit-reporting service, whose 80,000 subscribers can get a rating on any of 3,000,000 firms. Dun & Bradstreet also publishes magazines, including Dun's Review, turns out Moody investors' manuals, is involved in plant-location studies through its recent acquisition of the Fantus Co. The Reuben H. Donnelley Corp., another subsidiary, puts out such bibles as telephone books and the Official Airline Guide. The parent company also operates a mutual fund, Moody's Fund...
...gold pool, which has kept the price of the yellow metal stable for seven years (and did so once again during the Middle East crisis). Though the International Monetary Fund boasts vastly greater resources, the Basel Club's ability to provide a wobbly national currency with almost instant credit is often more decisive in forestalling economic panic...
...government announced a series of reflationary measures aimed at perking up the economy. Mandatory deposits on new cars are to be lowered from 25% to 20%; finance companies can increase lending capacity by 10%; the building sector, hardest hit of all, will be stimulated by a variety of credit improvements. In addition, a three-year-old price freeze on industrial products will be reduced and export incentives increased. If exports increase, these measures may help bring the budget closer to balance-a hope to which the French always cling. Analysts reckon that the deficit will grow to $1.2 billion...