Word: debt
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Dates: during 1950-1959
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...read with interest and, we admit, with misgivings, your editorial on the Mississippi Valley Association, entitled, "In the Valley of Debt," whch was reprinted in the St. Louis Post-Dispatch on February...
...they need. About half our families-those with incomes of $3,000 or less-find it hard, if not impossible, to pay for even routine medical care. Another 30% of American families with incomes between $3,000 and $5,000 would have to make great sacrifices or go into debt to meet the costs of a severe or chronic illness...
Blueprint. Ewing's complaint was threefold: 1) the nation was not spending enough on health; 2) the spending power was not evenly distributed; and 3) because illness strikes without warning, even a thrifty, budget-careful family may have its savings wiped out and be forced into debt by a catastrophic or chronic illness. To allow the nation to spend more on its health, Ewing had detailed blueprints for building more hospitals, boosting the output of doctors, dentists and nurses, and beefing up public health services. Few argued with these aims, though many-especially doctors fearing federal interference with their...
...last week gutty Mr. Gutt, now head of the International Monetary Fund, had his reward. The Fund announced that Belgium had paid in full the $33 million loan borrowed two years ago to build up its dollar reserves. It thus became the first European nation to wipe out its debt to the Fund.* Said one Fund official: "If it weren't for Gutt, Belgium would not be able to repay...
...million that the Fund has lent, $737 million is still outstanding. Costa Rica and Nicaragua, the only other nations that have made payments so far, have paid up their combined balance of $7,000,000. Biggest single debt: Britain's $300 million...