Word: important
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Dates: during 1950-1959
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Harvard and its educational neighbors have, however, always stood in a peculiar relationship to the community. As institutions with national support, they import and spend locally a tremendous amount of capital...
...other sports, Lamar said, the temptation for colleges to import highly-trained amateur boxers was too great and teams such as Virginia, Syracuse, and Penn State each year included several A.A.U. champions...
PRIVATE BANKERS will take over some of Export-Import Bank's loans. Under a new program designed to release Export-Import Bank funds for new lending, the bank will sell $4,000,000 worth of 5% notes (of a total $24 million) owed by Cuba's Cuban Electric Co. to Manufacturers Trust Co. of New York, hopes to line up other private bankers soon...
...Dutch enjoy their boom, they are keeping it well in check. Real wages moved up 20% over the last two years. As national production climbed (up 12% last year to $7 billion), Holland cut taxes twice to step up capital investments and increase production. Not only has Holland dropped import controls on more than 92% of its foreign trade, it has built up a dollar reserve of $1.3 billion. Despite the heavy burden of war indemnities and flood damage, Holland in six years chopped its national debt 25% to $5.3 billion. Said one Dutch official proudly: "Our house...
...foreign investment. For the power and transportation sectors of the program, the administration will also need development loans from the U.S. Government. Urgently needed is U.S. aid in refunding Brazil's existing foreign debts so as to lessen the yearly bite. Just at inauguration time, the U.S. Export-Import Bank announced equipment loans totaling $55 million to Brazilian government-run enterprises ; obvious in the timing was Washington's intent to show its good will toward the new administration...