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Sullivan and other tenants proposed that landlords be allowed increases that would permit increased insulation. Landlords said they would need rent board assurances that they could pass along the costs of the conservation measures before banks would lend money for the moves...

Author: By William E. Mckibben, | Title: Tenants Oppose Proposal For Citywide Rent Hike | 4/18/1980 | See Source »

With few large bridges or population centers, Kunar does not lend itself to mechanized warfare. But the fact has not deterred the Soviet juggernaut. Few towns lying near the sinuous Kunar River have escaped. Chenar and Dangam, first bombed by MiGs, were later also hit by rocket-firing helicopters. The exodus of 6,000 refugees from Kunar into Pakistan has left the area between the border and the river eerily quiet. But the hills have not been abandoned. No mountain is without its militia. After escorting their women into Pakistan, most men return, climb a few thousand feet higher...

Author: /time Magazine | Title: AFGHANISTAN: Brave Struggle for Survival | 4/14/1980 | See Source »

...obtain money from regular savings institutions. One of the most successful was the Rural Electrification Administration, which, beginning in 1936, provided the money that lighted American farm communities. More recently, Dwight Eisenhower's Sputnik- inspired student loan program helped deserving kids go to college. Federal agencies frequently lend money directly on bargain terms. Some Farmers Home Administration credits carry interest rates of 1%. More often, the Government guarantees loans from private sources, such as the proposed $1.5 billion line of credit to Chrysler...

Author: /time Magazine | Title: Business: Uncle Sam, the Loan Man | 4/14/1980 | See Source »

...drama and preachy social commentary. They get support for this precarious balancing act from Luiza Gonsalves, whose performance as Julia would, by itself, make this Black C.A.S.T.-Black Star Theatre production worth seeing. The subtle expressiveness of her Chaplinesque face and the easy grace of her gestures and movements lend her performance a naturalness that never fades though she remains on stage nearly every minute of the play. In Krieger and Thurston's most clumsily staged scene--a confrontation between Julia and Herman's mother that climaxes in a screaming match of racial slurs--Gonsalves delivers some of her most...

Author: By Jacob V. Lamar, | Title: Otherwise Engaged | 4/8/1980 | See Source »

...high interest rates and local usury laws. In New York, for example, the maximum interest on credit-card purchases is 18% on an annual basis for the first $500 and 12% on everything above that. But banks are now paying as much as 19% to borrow the money they lend. Citibank, the nation's second largest financial institution, has threatened to incorporate all its Visa and MasterCard business in South Dakota, where bank cards may charge as much as 24%, unless New York raises the level of interest that can be charged. Chicago's First National Bank...

Author: /time Magazine | Title: Business: The Shaky House of Cards | 3/31/1980 | See Source »

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