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...that the Viet Nam War has ended, it would be a good idea for the U.S. to launch a new war in Indochina-a war against disease. The U.S. should finance the training of hundreds of Vietnamese doctors, nurses and medical technicians, and should lend both North and South Viet Nam the money to build new hospitals with the latest medical equipment...

Author: /time Magazine | Title: Letters, Feb. 26, 1973 | 2/26/1973 | See Source »

...judge the merits of the CRR debate. They repeat the objections of their predecessors--if they pay any attention to the CRR at all. To say that the CRR has polarized students in 1973 as it did in 1971 is to admit an importance which most undergraduates do not lend to the debate...

Author: By Robert Decherd, | Title: The Faculty's CRR | 2/21/1973 | See Source »

...antagonize him, particularly at a time when they have many acquisitions in the works. Instead of raising the prime now, bankers are likely to offer the 6% rate to fewer borrowers. Or, as Economist Milton Friedman quips, the prime rate is the rate at which banks will refuse to lend money to their best customers. Charges for other kinds of short-term credit-Treasury bills, federal funds, 90-and 180-day commercial paper-will keep edging upward. Rates are rising because loan demand is increasing...

Author: /time Magazine | Title: CREDIT: Swinging the Big Stick | 2/19/1973 | See Source »

...runners and other local operatives. In addition, numbers men now extend credit to their customers, but legal betting parlors demand cash. Lisle C. Carter, a Cornell University sociologist, notes that ghetto crime "is a source of investment resources, of both equity and debt capital." Some criminal kingpins, for example, lend money to people who want to go into honest business. Carter warns against moving too fast in rooting out crime in the ghetto, lest this capital source dry up, leaving the inhabitants worse off than ever. Until more blacks are given greater economic opportunity, the brutalizing irregular economy...

Author: /time Magazine | Title: CRIME: The Irregular Economy | 2/19/1973 | See Source »

...Picklecar." He plans eventually to create an entire series of vegetable cars. His next project, though, is going to be the creation of a hot fudge sundae from a 1950 Nash. He also plans to make a big shoe using a 1950 Ford. Sewell says cars of the 1950s lend themselves to his type of work...

Author: By Henry W. Mcgee, | Title: Auto Art: Defiling America's Deity | 2/9/1973 | See Source »

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