Word: debt
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Dates: during 1950-1959
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...more foreboding than joy. Indian and Indonesian leaders who had attacked MacArthur as an obstacle to a negotiated settlement in Korea, were visibly pleased. In Japan, it was as though a fatherly friend and mentor had departed. The Nippon Times said: "The Japanese people owe General MacArthur an eternal debt of gratitude." The national Diet sent a letter: "Deepest gratitude . . . We shall remember you as our greatest benefactor...
Northwest's own grounding of the 202s comes at a particularly tough time for the airline. It went heavily into debt to expand in the last five years, and this year hoped to cash in. It has cut its long-term loans down from $21 million to $16.1 million in the last year, and cut its losses in the first two months this year to $1,152,000-or $1,387,678 less than during the same period in 1950. With its 202s idle, Northwest has only 28 planes left (DC-4s and Stratocruisers). Customers are already kicking over...
...schoolteacher and Washington state school official before he went into newspaper work, mellowed the Statesman's traditional language but kept the hundred-proof kick when he bought the paper in 1929. He "got it by the simple, old-fashioned method of making a down payment and going into debt for the rest, paying it off over the years." In 1938, he was elected governor, but, lacking a politician's practical sense, ran into trouble. (Once, on the advice of an aide, he wore spats at a public ceremony, thus alienated thousands of frontier-minded Oregonians.) Because he talked...
...four-page pleader for striking printers in 1911 and reborn as a general newspaper in 1930, the moneymaking Herald is now Britain's fourth largest daily (circ. 2,000,000), and in its way, a publishing success. Wrote Prime Minister Clement Attlee: "The Labor movement owes it a debt that can never be estimated." Sir Vincent Tewson, general secretary of the Trades Union Congress, added: "May our Herald continue to bring national and world events within our ken and so help to a wider understanding of the problems...
...rival for the hand of Actress Josie Mansfield. By the time Gould was ousted from the Erie presidency in 1872, he had looted the treasury and wrecked the Erie's finances. Although it bravely extended its line to Chicago by 1875, it remained top-heavy with debt, repeatedly went bankrupt...