Word: dollarses
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Dates: during 1950-1959
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Rhyne's chances of following after Lawyer Tillett were dim indeed: his family simply did not have enough money to send him to college. After his farm years of milking, plowing, picking cotton, bushy-haired Charlie Rhyne got a city job as a Western Union messenger boy in Charlotte...
Laborite Harold Wilson called it "a mouse of a budget," but Labor was not too anxious to show itself in favor of inflation, for if threatened nationwide strikes occur soon, Labor stands to lose politically by them. In a TV broadcast, Heathcoat Amory agreed that to Britons his poor-mouth...
Dodger Fan. The very thought of the cribbed, cabined and confined spaces of Ebbets Field has long filled O'Malley with horror. As far back as 1947, when he was still only a minority stockholder, he ordered an engineering firm to design a new stadium with a revolutionary dome...
This requirement of "hard currency" repayment has proven a stumbling block to many nations seeking loans; the rule means, in effect, that only the richer of the underdeveloped countries--those having large dollar reserves--have been able to borrow freely. Unilateral loans, granted by the United States, are of course...
The Bank lends money to various countries at rates of four to six per cent, repayable in twenty years. The agency investigates each loan carefully, and requires that the loan be "bankable"; that is, that the borrower be able to repay fully in "hard currency." "Hard currencies" are those of...