Word: lend
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Dates: during 1930-1939
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...first time since becoming President, he let his wife join in at his regular press conference, openly adopted her ideas and figures of speech. In massacring his "Great White Rabbit" (Lend-Spend Bill) and refusing to revise Neutrality, he said a "gambling" Congress had made two enormous bets. One was that private enterprise would do the job that Government pump-priming has been doing; the other, that there would not be war in the world before January. In one case the welfare of 20,000,000 U. S. people was involved, in the other, 1,500,000,000 world inhabitants...
...farm and industrial purchases. In March Great Britain followed suit with a credit for the same amount, to support Chinese currency. These two loans put a deceptive rouge on China's pale financial face. Last week Chinese officials in Chungking said that Soviet Russia would soon lend China 700,000,000 rubles ($140,000,000), that a preliminary loan of $30,000,000 had been settled. If the huge credit goes through, China's face will get some really healthy color in it. In return for U. S. S. R. cash, China would provide Russia with certain...
...Tuesday the first head had fallen, that of the gaunt Great White Rabbit of 1939, Franklin Roosevelt's Spend-Lend Bill that was proposed at $3,860,000,000 but had been slashed to $1,615,000,000 in the Senate (TIME, July 24, et seq.). In Franklin Roosevelt's biggest legislative defeat yet, the House refused (193-167) even to consider the bill. This was the first time a Roosevelt Congress had turned down pap and pork...
...that was available to all comers. Some of his profits went into Majorcan real estate, some into the National Sugar Trust. By the time the Spanish revolution broke in 1936 this grasping old man, now an octogenarian, had so compounded his World War profits that he was able to lend General Franco at least $50,000,000, according to an estimate printed last April in the New York Times...
After the defeat of the Spend-Lend Bill and other New Deal measures, what will be the state of business at convention time next year...