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...asked Congress to support the new International Development Association, ante up about one-third of its $1 billion capital over the next five years. The rest of IDA's bankroll will be pumped in by rich and poor nations alike. IDA will make longshot loans with a banker's cool eye but will accept payments in soft currencies as well as hard. By 1961 IDA expects to be pumping out some $160 million a year...

Author: /time Magazine | Title: THE ADMINISTRATION: A Fixed National Policy | 2/29/1960 | See Source »

...LENDING AGENCY will make it easier for underdeveloped lands to get loans. World Bank submits plan for new $1 billion fund, International Development Association, to its members this week. They are expected to approve IDA plan to accept payments on loans in soft currencies as well as hard so that nations can get financing on projects now turned down...

Author: /time Magazine | Title: Time Clock, Feb. 8, 1960 | 2/8/1960 | See Source »

Referring to the Jan. 4 article "Hidden Masterpiece: Kassel's Rembrandt," I was surprised to find Rembrandt had painted Jacob Blessing the Sons of Joseph. My aunt, Miss Ida Friedberger, made a tapestry in 1874 of this picture, and I now find it in my home...

Author: /time Magazine | Title: Letters, Feb. 1, 1960 | 2/1/1960 | See Source »

Died. I.A.R. (Ida Alexa Ross) Wylie, 74, prolific British writer of novels (17), short stories (200-odd), and a charming autobiography titled My Life with George, in which George is her subconscious; of a coronary thrombosis; in Princeton...

Author: /time Magazine | Title: Milestones, Nov. 16, 1959 | 11/16/1959 | See Source »

...TIME erred. Director Jacobsson has called for "more effective application" of aid to underdeveloped countries "through sounder internal policies," but he has not said that those countries have had too much assistance. Of IDA, he has said "there are certain aspects many people are hesitant about," but he has not opposed...

Author: /time Magazine | Title: Letters, Oct. 12, 1959 | 10/12/1959 | See Source »

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