Word: debt
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Dates: during 1950-1959
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...maverick Ashanti who began his career combining debt collecting with newspaper reporting, Edusei got into politics, and did even better. He was named in two corruption investigations, and after one was forced out of Nkrumah's Cabinet. He is back in favor now as Nkrumah's key subordinate, enjoying power and living it up with two wives, one of whom proudly boasts of the $200 dresses and $45 shoes that Edusei gives...
...gambler, French was inept and intemperate. Since his assignment in June 1956 to a B-36 crew at the Strategic Air Command's Ramey AFB in Puerto Rico, George French, grown fat and dissipated, had piled up almost $10,000 in losses, gone in debt to banks and loan companies to cover them...
Twenty to One. The technique, which borrows from radio, movie and printed journalism (and owes a huge debt to THE MARCH OF TIME, which made the mold for film journalism), is the most realistic reporting yet devised for documentary film. Unlike any documentary before it, See It Now sends its cameras after a story without any script, shoots everything with sound, never dubs afterwards, never rehearses an interview, shoots as much as 20 hours of film for one hour of the final product-a ratio greater than any other TV show, newsreel or Hollywood itself. The method is costly...
Including Inflation. In Williamstown, Mass., college bookstore Proprietor Raymond Washburne received a letter from South Africa in which a Williams alumnus explained that he had never paid a $36.30 bill incurred in 1949, enclosed a check for $65.25, itemized: debt, $36.30; interest at 6% annually, $22.42; 18% dollar-fall adjustment...
...Rock Island, 11% for the Boston & Maine. All told, said the Association of American Railroads, railroad profits for the first six months of 1957 have declined $61 million from 1956 levels. Worse yet, twenty-one Class 1 railroads even failed to earn enough to pay their debt interest and rental expenses...