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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...
...when the doctors considered Jambo's personality--not to mention his hopeful glances from beneath a blanket--they should have realized that the trouble was more basic than rejection by his cage keeper. What Jambo needs, and what the doctors should import, is a brown, furry, Central African, Swahili-captured, female gorilla...
...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...
...expedition to native and foreign galaxies. Dr. Thomas subs for Captain Video as Astronomy 1 takes to the space lanes. Launching platform: Byerly 1. The ever-popular David Owen will be missing from his customary position as head of History 142's second half. Mr. Beale, a highly-touted import from the University of London, will lead the tour of the Crystal Palace in History of England from 1688 to the Present at Sever 11. Ruben Brower will bring his critical technique to English 162, Readings in English Literature Since 1890, at Boylston...