Word: layaway
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Dates: during 1950-1959
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...more than for whites (it is easier to get loans for prospering Negroes in the Deep South than it is in Northern states). But mortgage companies are beginning to realize that steadily employed Negroes are a good risk. Chicago's Park Terrace even has a layaway system that allows buyers to sign up for homes and pay out the down payments in monthly installments. "We went into it for a profit," says Dan Kroll, builder of Long Island's Dunbar Estates, "but frankly we are enjoying the experience because we can see and feel the appreciation...
...skyscrapers, rain-dappled, flamboyant trees, traffic jams of Fords, Chevies, Opels, Consuls, Taunuses and Vespa scooters. In the old city, hand-printed poems of amor on sale at 25? flutter from a clothespin in a dowdy doorway next to a modern furniture store whose neon sign shouts: "Use Nuestro Layaway Plan." But San Juan also has festering El Fanguito and neighboring swampland slums of stilted crackerbox shanties, partly cleared but still the home...
...fourth round, it looked for a moment or two as if Joe Louis might do it. He shuffled in, jolted Ezzard Charles with a series of stiff lefts, trying to set him up for the old layaway punch. The 22,357 fans, thinly scattered through Yankee Stadium, began to wonder: Was tired, fat, old (36) Joe Louis going to make a comeback, and heavyweight history...