Word: lende
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...moderate who might bridge the communications gap between the widely divergent African factions. In his own land his tight rule is controversial, but from a pragmatic U.S. point of view it has been effective. Ethiopia is fiscally sound, is one of the few nations to repay its lend-lease obligations in full. Selassie dispatched troops to U.N. combat in both Korea and the Congo. He has eagerly accepted 244 U.S. Peace Corpsmen as schoolteachers to raise the literacy standards of his people...
...deal. But it had several bushels of problems. The Soviets like to pay only 25% down for their wheat, and the rest over 18 months. But U.S. law forbids credit sales to countries that have defaulted on their debts to the U.S., as the Soviets did on their lend-lease debt to the tune of $800 million. Beyond that, the U.S. taxpayer would be subsidizing the sale: to make up the difference between the high-propped U.S. price of about $2.30 and the world market price of about $1.75, the Government pays U.S. wheat exporters 550 or so per bushel...
...everyone simmered down enough for Liz to announce in tones last tested on Mount Everest: "I'm here because Mr. Bur ton is here." Back in Manhattan, meanwhile, Sybil Burton, 33, had a better line: "My children and I have him tied hand and foot like so much lend-lease...
Bristling Unknowns. Any re-examination of the manned lunar exploration project only reinforces the obvious: it is not the sort of effort in which a crash program is likely to justify the cost in either money or manpower. Some jobs do lend themselves to the crash approach; some complex tasks are indeed susceptible to all-out, crash attack. The wartime Manhattan (atom bomb) Project, which was attacked simultaneously in three different, expensive ways, was a world-saving success, but the basic physics of the atom bomb was well understood in advance, and nature was not likely to hold surprises that...
...Banks are willing to lend money to a student on the diminishing value of his secondhand car," says USAF President Allen D. Marshall, a former executive of General Electric and General Dynamics. "They should be more willing to lend it on the increasing value of his education." Under USAF's plan, a student may borrow up to $4,000 from any bank in the organization's expanding network. While regular bank loans can cost up to 8% in true interest, nonprofit, tax-exempt USAF can secure loans repayable at as little as 5% and in no case more...