Word: debt
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Dates: during 1950-1959
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...Rojas. He choked off unneeded imports so decisively that Colombia was one of five Latin American nations to show a 1958 favorable balance of trade in spite of tumbling prices of coffee, source of more than 80% of Colombia's export income. Lleras cut the $500 million commercial debt left by Rojas to $150 million. He also held down government spending and tightened credit. Cost of living, which jumped 23% in 1957, climbed only...
...nobility (his real parents were Theodore Thalberg and Fortunee Stein, who may even have been married to each other); that Soprano Helen Traubel sliced four years off her age in her autobiography (she was born in 1899, not 1903); that the dates of Wagner's imprisonment for debt in Paris, a little matter omitted in Wagner's own accounts, were from Oct. 28 to Nov. 17, 1840. It was Slonimsky who several years ago told Brazilian Composer Heitor Villa-Lobos when he was born= 1887, not 1881 or 1890, as some previous references...
Moreover, the state must also labor under an astonishingly low constitutional debt limit of $250,000-tantamount to no borrowing power in its own name...
...whipping boys, the corporations. In the state legislature. Democrats and Republicans began talking about "the need for compromise.'' But as the weeks went by, 1) the Republicans tried to get a 1% increase in sales taxes, and the Democrats balked; 2) the Democrats tried to hike the debt limit to $50 million, and the Republicans balked. Last week, even though the evenly divided house (55 Republicans, 55 Democrats) finally okayed a Soapy plan to mortgage the state's $50 million veterans' trust fund to raise ready cash, the G.O.P.-run state senate turned it down...
...Delhi, but not the hoped-for galvanizing of resolve. Under an acetylene sun, millions of peasants all over India continued to work in loincloths behind' scrawny bullocks, scratching at parched land with tools identical with those of a thousand years ago, struggling against disease and malnutrition, in debt to the moneylender, and blindly unaware of the modern techniques that could change their lives...