Word: debt
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Dates: during 1950-1959
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...bestseller lists as fast as any record ever made. It has a driving beat, like the cars clanking to and from the underground yard, and its words carry a kind of homey cynicism: You load sixteen tons, what do you get? Another day older and deeper in debt...
Twice a week, Guerard pays some of the debt as he doles out sin in his popular course, "Forms of the Modern Novel." In Comp. Lit. 166, more famous as "one-sexty-sex," Guerard puts to work his precise and detached psychological analyses and seems to have great fun trying to shock his students. "The old-fashioned assumption which led to biographical studies of novelists," he says, "was that if you got the writer's public face and knew what he ate for breakfast, you could understand his books. But this overlooked the whole creative temperament or psyche that appears...
...though Uruguay has rare freedom and with it one of Latin America's highest standards of living, it also has mounting financial problems. The national debt total for the past three years is $72,800,000, and the government has plans to borrow another $190 million. Wool sales are lagging behind because of low prices on the world market. A wheat surplus, spurred by government subsidies, is snowballing. To complicate matters, the subsidies have encouraged cattlemen to reduce herds and convert pasture land to wheat. As a result, many of the country's packing and canning plants...
With authority under state law. the P.U.D. tried to buy up both federal and private systems. After absorbing the federal lines, it took out a capital-raising loan on them which added $51.000 a year in interest alone to the taxpayers' debt-and helped erase the P.U.D.'s competitive edge. By 1954. when Washington Water Power's 2.983 predominantly municipal customers were paying only 1.35? per kwh, the P.U.D.'s 2.300 predominantly rural customers were paying a rate...
Offer in Toledo. In booming 1928 First Baptist (founded in 1780) built itself a big $400,000 Georgian building, which covers most of a block on Monument Avenue. But in depressed 1935 the deacons were desperate. Interest payments on the building debt were barely being met, and the congregation had been without a regular pastor for 14 months...