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Should the Reconstruction Finance Corp. be abolished? Arkansas Democrat J. William Fulbright, whose Senate banking subcommittee is now investigating RFC (TIME, April 24), last week found somebody who thinks so: Texas Banker Jesse H. Jones, head of RFC for 13 years after the agency was first...

Author: /time Magazine | Title: GOVERNMENT: A Decent Burial | 5/1/1950 | See Source »

Rushing In. Under the circumstances, why had RFC approved the loan? Senator Fulbright put RFChairman Hise on the stand to find out, but got little satisfaction. "I don't think I want to attempt to justify this particular loan," said Hise, slouching in his chair. "I have heard nothing to indicate it was a bad loan." Besides, he added, there was "no reason to hold up the disbursement." In fact, his staff lawyers thought it might be illegal for RFC not to go through with its loan commitment. RFC was firmly of the opinion that with more capital Texmass...

Author: /time Magazine | Title: GOVERNMENT: Texmass Mess? | 4/24/1950 | See Source »

...months, Arkansas Democrat William J. Fulbright has been gathering evidence for a full-scale investigation of RFC by his Senate banking subcommittee. Last week, as his committee began hearings, it looked as though he had struck pay dirt at the first swing of his pick. The case was that of the Texmass Petroleum Co., an oil outfit which got authorization for a $10,100,000 loan from RFC in 1949. The money has not yet been paid out and Senator Fulbright hoped he could prevent its ever being drawn...

Author: /time Magazine | Title: GOVERNMENT: Texmass Mess? | 4/24/1950 | See Source »

...most cases the deadlines for applications are April 1, though in a few instances somewhat earlier. For full information on the foreign grants mentioned and other data on Fulbright Awards, Carnegie Corporation Fellowships, Social Work Fellowships, Rome Prize Fellowships, write the Institute of international Studies 3 West 45 St., New York City...

Author: NO WRITER ATTRIBUTED | Title: 1950-51 Foreign Fellowships Available for Grad Students | 2/9/1950 | See Source »

...International Law, the University of San Andres in Bolivia, the Institute para a Alta Cultura in Lisbon, Portugal, the British Summer School Program, and (for teaching) the American Academy in Rome. Several of these require college degrees. There are no scholarships for summer study under the provisions of the Fulbright...

Author: NO WRITER ATTRIBUTED | Title: Summer Schools Beckon To Student Globe-Trotters | 2/7/1950 | See Source »

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