Word: debt
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Dates: during 1950-1959
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...Government securities; only $345 million was handed out in cash. A whopping $6,721,000,000, equal to 69% of private bank holdings, went into the new medium bonds maturing in 1963. The operation was another milestone for the Treasury's efforts to lengthen out the national debt. Since January 1953, it has reduced the amount of Government securities maturing or callable from $74 billion to $63 billion...
...Schwartzwalder's frustrations were not yet over. He was dead broke, and couldn't afford to have the ore hauled down the mountain. "I didn't hardly know which way to turn. We were going steadily into debt. It got so bad I even tried to get contractors to haul it down for 50% of the profit, but no one would. They figured I was another crazy prospector...
...Films, which handled administrative matters for the series last year, has sent out bills of $220 to the Harvard Liberal Union and $65 to the United Nations Council. Ivy Films itself assumes a debt...
...weekly reports had indicated the film series was breaking even, Villers said. "But apparently the figures they gave us were only estimates of costs. We have checked over their books and the costs appear to be legitimate," he continued. "We are obligated to pay, and will pay our debt...
...started losing money in the second half of the year so we stopped payment on bills, now the creditors are knocking at the door," Kadison stated. He said he had not yet been officially notified by the HLU that it would pay its debt...