Word: lende
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...William Legge, Earl of Dartmouth (1731-1801), was proud to lend his name to a colonial college where classroom supplies, according to local history, consisted of 500 gallons of New England rum. He would be proud as ever today. News reached the Dartmouth campus in Hanover, N.H., that a Canadian Pacific freight train had been derailed in nearby Vermont, capsizing untold thousands of cases of beer. One contingent of Dartmouth Indians made off with nearly 200 cases the first night, and a mob of them got away with 300 more the next night. The liberated liquid is now buried around...
Government itself spun much of the cobweb over British banking. It now insists that U.K. banks limit the total amount of overdrafts by their customers, forces them through other restrictions to lend no more than 55% of their deposits. Fifty years ago, the British Treasury put an end to an earlier wave of bank mergers by threatening legislation to control them. Backed by the Bank of England, that anti-merger doctrine persisted until last spring. Then the Labor government's Prices and Incomes Board called for a new policy, complaining that British banks had grown stodgy and uncompetitive...
...country. We have the Central Committee of the Communist Party. The leaders are responsible to the party and to the people. In our country, it is the collective that works. And herein lies our strength. If one makes a mistake, others set him right. We know our shortcomings and lend ear to critical remarks about us. All this gives us a stimulus to move forward...
...Epton order did not lend itself to sure interpretation, court watchers last week were as certain as they ever get that in another case the court had clearly tipped its hand on the issue of draft-card burning. David O'Brien burned his card on the steps of the South Boston courthouse in 1966. His subsequent card-burning conviction was overturned by the U.S. Court of Appeals, First Circuit, which declared that the anti-card-burning law was an unconstitutional suppression of "symbolic speech." The Supreme Court agreed to take the case, and last week the justices heard oral...
...current measures must rely on Congressional appropriations for funds, they have been kept relatively small--total aid appropriations for this academic year barely reach one billion dollars. One major plan, the guaranteed loan program passed in 1965, was instituted in an effort to turn from government appropriations to private lending agencies, but its performance has disappointed those who saw it as an alternative to endless government grants. High-interest rates in the past two years have made it difficult for students to persuade banks to make loans to them at the six per cent interest rate specified by Congress. Easy...