Word: lende
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...Camp David last September, Nikita Khrushchev's complaints to President Eisenhower about restrictions on U.S.Soviet trade drew a polite but pointed reminder that the U.S. might do more business if the Kremlin paid its bills. On the U.S. Treasury books since 1945: Soviet debt for lend-lease goods usable in peacetime, originally set at $2.6 billion but later reduced to $800 million (of total wartime U.S. aid worth $10.8 billion). Last Soviet offer, made by hard-haggling Stalin in 1951: $300 million. Asked if he wished to reopen negotiations, Khrushchev beamed: "Of course, we'd be glad...
...stage, Nasser's aides now declared that it had been "inevitable" that the Russians should get the contract. They added that the Russians planned to merge the two stages of the billion-dollar job, thereby cutting construction time from ten to seven years. The Russians also promised to lend $258 million at 2½% interest. As West Germany's Erhard, getting there too late, arrived in Egypt this week, the jubilant Egyptians said that there were plenty of other projects in the U.A.R. for the West to help with if it wants...
...unworried by any possible inconsistency, turned to Macmillan and voiced the hope that Britain "will consider favorably any request for further assistance that we may make in the future, particularly in connection with the Volta River project," a $170 million hydroelectric scheme for which Nkrumah would like Britain to lend Ghana half the money. Macmillan's bland response: Britain would follow Ghana's economic needs "with sympathetic interest." He added an oblique comment on Nkrumah's performance the day before: "If we cannot cooperate, but sit down in opposite camps shouting slogans at each other, we shall...
...Syndicate. Between 1874 and 1910, more than 160 U.S. heiresses staged the first lend-lease program. They bestowed more than $160 million on the stately homes of England and the Continent. Some of them did worse than Ella Haggin among the cannibals. One traveled to Berlin only to find that, financially, she was the bride of a syndicate with shares in her dowry and income. Then there was a certain Lady T., who felt that her noble husband and his valet were strangely inseparable, but only when she got to the "earl's" estate did she learn that...
...come to work, Brazil is determined to lend all the support it can. "Here man is overwhelmed by the enormity of nature," says SESP Physician Carlos Guimaräes. "But we are going to make the Amazon a safe and healthy place to live. Then it can produce wealth and abundance...