Word: lend
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Dates: during 1950-1959
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Even as Trans-Canada's ownership changed. Prime Minister John Diefen-baker's Tories, throttled by closure in Parliament's furious pipeline debate last spring, last week moved to get the full story of the late Liberal regime's deal to lend $50 million to U.S. oilmen to build the 2,294-mile pipeline. As one of its first legislative acts, the Tory government created a royal commission on Canada's energy resources−with a mandate to delve into Trans-Canada Pipe Lines Ltd.'s ownership, financial structure, rates and export plans, relations...
...Economics professor charged the Administration with failing "to keep its budgetary expenditures within its promises of 1952 by 15 to 25 billion dollars," and stated that it "continued to lend and guarantee vast sums of money, even as in 1953 and 1955-57 the Treasury and the Federal Reserve were inducing tight money...
...some religion courses, saying that it misrepresented Roman Catholic teaching. Later he accused Author Joseph Fletcher, an Episcopalian minister, of once being connected with a flock of "Communist-front organizations." He noted that the book was published by the university press, and asked darkly: "Why was Princeton willing to lend its name to this thing...
...promptly set in motion a $250-million expansion program readily financed in rupees by its stockholders. But trouble quickly developed when the government said it could not provide foreign exchange to cover $130 million worth of goods and services purchased abroad. At this crisis the World Bank agreed to lend $75 million, and J. R. D. Tata set about raising the rest, had just about finished the job last week...
Asset or Liability. In Washington, State Department officials have privately advised Indian diplomats that they could hardly expect an economy-minded U.S. Congress to lend a sympathetic ear to a loan request from a nation that has repeatedly gone out of its way to irritate U.S. opinion in foreign affairs; proven friends and allies of the U.S. are having a hard enough time getting...