Word: ida
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...IDA E. MCKENZIE Stockton, Calif...
Shaping up is a drive not to pare but to share the aid burden with Germany, Britain, France, and even some of the underdeveloped nations. This would be done by creating an International Development Association, dubbed "Ida." Ida was introduced to last fall's meeting of the World Bank (TIME, Oct. 20), but failed to get far because the U.S. did not push it with vigor. Now the U.S. expects to plump hard for Ida at the World Bank's September meeting in Washington, set it up with initial capital of $1 billion (one-third contributed...
Because developing nations have a growing need for all kinds of capital-not just dollars-Ida would make loans and accept payments in soft currencies as well as hard. To get a loan, a borrower would have to ante up some of his own money. Having a stake in Ida, the soft-currency countries would have a real incentive to spend Ida's money with prudence...
...Leverett House and Mt. Carroll, III., Daniel M. Musher '59, of Kirkland House and New York City, Franz G. Nauen '59, of Eliot House and Cambridge, David M. Perlmutter '59, of Lowell House and Glencoe, III., J. Rion Phillipson Jr. '59, of Kirkland House and Idaho Falls, Ida., David W. Preven '59, of Leverett House and Scranton, Pa., Robert C. Repetto '59, of Leverett House and Winchester, Mass., Michael W. Richter '59, of Kirkland House and Great Neck, N.Y., David D. Robbins '59, of Eliot House and Huntington Park, Cal., M. Richard Robinson Jr. '58, of Leverett House and Denver...
Lucille Ball-Desi Arnaz Show (CBS, 10-11 p.m.). Lucy and Desi charge off to the north woods with Howard Duff and Ida Lupino...