Word: ida
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...IDA, unlike the IBRD, would operate on a local currency basis--a loan to India, for example, might consist of francs for French concrete, guilders for Dutch engineers, and rupees for the local labor. India would repay, at low interest over a long period, in rupees, which in turn would later be used by the Authority to purchase Indian goods and services, thus providing a double boost to India's economy...
...Princess Ida will be the spring production of the Gilbert and Sullivan Players, Joseph H. Gardner '60, president, announced last night...
Rudolf Bing, general manager of New York's Metropolitan Opera Company, is not given to discussing his dreams, but it has been whispered that he is haunted by a recurring nightmare. In the dream he is Prince Paris, lost atop a papier-mâché Mount Ida on the Met's stage. He is surrounded by three goddesses who insist that he choose the fairest of them by handing her an apple (Golden Delicious, supplied by Sherry's Restaurant). The goddesses, of course, are the three reigning sopranos who, season after season, vie for favor...
...there was less hurry about the third of Ike's suggestions-the possible creation of an International Development Association (IDA) that would lend money to countries on easy rates for long terms. Under Ida, as the British call it, leans would be repayable in "soft" national currencies rather than in such "hard" currencies as the U.S. dollar and the Deutsche Mark, as the World Bank requires. The U.S. itself did not push very hard for Ida, a plan originally suggested by Oklahoma's Democratic Senator Mike Monroney. It got a warmer welcome among the underdeveloped countries that would...
...perform the unpleasant and unpopular duty of putting their own financial houses in order, or if they tried an "appeal to sentiment or exploitation of a strategic position in the international political lineup." But Black urged action by the haves on the "imaginative and constructive" U.S. proposal for Ida. "There is a real need," said Black-and the delegates had to look no farther than the side streets of Delhi...