Word: creditor
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Dates: during 1960-1969
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...mortgage had been a cause of long bitterness between the two men. Webster had luxurious tastes and lived beyond his means, and he had borrowed heavily from the independently wealthy Parkman. Parkman became furious with his debtor when he found that both he and another creditor had been given the same bill of sale as a security. He pursued Webster relentlessly and finally made an appointment to see the latter at his laboratory to collect the debt...
...Europe for more than half a century, bringing public officials low, underwriting dictators, helping to finance two world wars (on both sides), and buying himself virtual immunity from the law. With characteristic foresight, March bankrolled Dictator Francisco Franco's Spanish Civil War campaign. Today, still Franco's creditor and a powerful voice in Spanish affairs, he boasts a personal fortune that is said to match the U.S.'s entire foreign aid program to Spain - a matter of $1 billion. "I'm so rich," Juan March once said, "that I don't even know how rich...
...became, after this high point, the picture of the "bloated creditor" because of its isolation and was debt policies, he added. Despite the United States large contributions to World War II and the United Nations, he said, this degradation has now reached the point where it is "quite fashionable to find America's every wrong and minimize its good points...
...strength? To the alarm of many of its allies who had helped the Germans in their time of trouble, West Germany is acting like a penny- pinching miser among nations, more intent on adding to its riches than on taking its responsible place in the world as a major creditor nation...
...Under Secretary of State Douglas Dillon joined in: "The eyes of the struggling people of the newly developing countries are upon us. They are looking in particular to the leading creditor countries, especially in continental Western Europe,* for an effort more in line with their capacities. For the safety and progress of the free world we must see to it that their hopes in this regard...