Word: fund
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Dates: during 1950-1959
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...Monday morning that integration began at Central High School, President Eisenhower flew to Washington for a speaking engagement before the International Monetary Fund, then held a brief, tense conference with Brownell. Barely back in Rhode Island that afternoon, Ike heard from Brownell over the maximum-security telephone in his personal quarters. The news was all bad. A mob ruled at Central High. School Superintendent Virgil Blossom (voted the city's Man of the Year in 1955, now vilified for backing a gradual integration plan) had excitedly called the Justice Department: "Mayor Mann wants to know who to call...
...labor has come far since Edmund Cartwright's day. How very far was plain last week when delegates at the Amalgamated Lithographers of America convention in Chicago adopted a proposal to put $1 million in A.L.A. money into a fund to promote technological advances in lithography, provided that employers put up a matching sum. The fund will bring "better working conditions and real wage increases," argued Edward Swayduck, the man behind the plan...
...channel the development of these countries, the Administration requested a two-million dollar loan fund, rather than earmarked grants which leave little room for flexibility, discretion, and long term planing...
...Congressional battle of the budget, not one of the points recommended by the Administration was accepted intact. Total aid was cut from 4.3 billion to 3.4 billion. The proposed loan fund of 2 billion over a three year period received only 300 million this year with no guarantee of any future addition. As a result, the ICA's long range development plans were crippled. Congress thus displayed disregard for the advice of the Fairless and Johnston committees which urged the importance of giving the ICA greater leeway in terms of time limits for aid programs, and in regard to giving...
...those who have made a career of emergency-type, government-to-government foreign aid. Not only does the new program pose a sharp threat to the perpetuation of much of foreign aid in its present form; it calls for a completely new approach. Instead of handing over foreign-aid funds in lump sums to foreign governments to pass out as they wish, it now also becomes necessary to find worthy loan possibilities among private businessmen unable to get credit in their own countries or from U.S. banks. As a starter, the loan fund has $300 million available for this year...