Word: lende
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...rate writers in no danger of going to the stake." A compelling answer to this argument is that third-rate or even tenth-rate writers must be protected if first-rate writers are to be free. Banning books and prosecuting theater owners can actually be self-defeating, since they lend false glamour to the forbidden and the illicit. I Am Curious (Yellow) would in all likelihood not have become a vastly profitable movie if it had not first been the subject of a well-publicized prosecution by the U.S. Court of Appeals. In Sweden, where movies are almost never censored...
That view won official seconding from President Nixon's chief economist, Paul McCracken. He told the convention of the American Bankers Association in Copenhagen that bankers had continued "for too long making commitments to lend," when funds were obviously not going to be in limitless supply. Because of their "tardiness" in responsibly allocating credit, McCracken charged, the bankers set back the Government's timetable for slowing down inflation...
...banks lend their scarce funds largely to established corporate clients, and they continue enthusiastic promotions of consumer installment loans, which are enormously profitable. They turn down requests by smaller businesses, which are hurt worst by the credit restraint. Many small merchants are having trouble financing inventories...
...shadows keep falling across the story. Those grandparents of Ellen who purse their lips in disapproval but lend their Michigan lodge for the honeymoon are less comic old folks than vaguely sinister agents provocateurs. Nor is the northwestern shore of Lake Michigan the Garden of Eden it appears to the two children, pretending like every young couple to be the only, the original man and woman on earth. After lyrically celebrating the pleasures of lovemaking, Woiwode begins softly terrorizing paradise. Ghostly presences appear progressively more foreboding: the stuffed animals on the wall, the mice in the piano, night tappings...
Lane is prepared to lend $15 million in the poor neighborhoods and spend $1,000,000 a year in cleanup campaigns. He also intends to expand his program far beyond that by seeking such large depositors as the Ford Foundation and converting their money into high-risk loans. "Lowincome people need money," says Lane, "and the banks have got to give it to them...