Word: debt
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Dates: during 1950-1959
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...Dantas' timely report on U.S. export prospects in Brazil. At week's end the Export-Import Bank announced that to "serve the mutual interests of trade and of the economies of the two countries," terms of the credit would be relaxed to permit Brazil to pay its debt over 7½ years. For his part, Souza Dantas said that half of Brazil's dollar earnings in excess of $1 billion (last year's total earnings: $765 million) would also be applied to reducing the debt...
Before the FHA and the rest of the national housing program took effect, foreclosures on home mortgages were commonplace. In 1933 some 252,400 U.S. families lost their homes because they could not pay off their debt. To buy a house in those days, a man might need half the price for a down payment, often had to take out first, second and third mortgages at up to 10% interest. By its insurance guarantees, FHA brought about the national pattern of liberal, single-mortgage financing at low interest rates. Now a man can buy an $8,000 house with...
...continue to be the company's center of operations. To the men who had trod the bricks for ten months, it was a face-saving gesture-and a costly sop. During the strike the workers lost more than $4,000,000 in wages, and the union went into debt by floating a $500,000 bond issue to support the strikers...
...Paso bank and $5,000 of his own. The suit brought out that Treharne also took over a piece of real estate his father had just bought for $30,000 and wrote it up to $322,000. United Lloyd's wound up broke and about $450,000 in debt...
...duly constituted authorities of the University to determine for administered, the disposition of each. To Charles Coolidge as senior member of the corporation and as member of the special committee of the corporation constituted to deal with these difficult matters, the faculties of this University owe a particular debt of gratitude. If Harvard has emerged from this trial stronger in purpose, stronger in confidence and stronger in her devotion to the freedom she has inherited, it is in large part to the qualities of determination and fundamental moral courage exhibited by Charles Coolidge and above all to his patient insistence...