Word: lende
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...agriculture, journalism and law were certainly impressive, and so was his talk of a $1,600,000 bond issue that two Texas insurance firms were to buy to finance the new Belin Memorial University (named for Belin's mother). The Chillicothe State Bank was only too happy to lend Belin $14,000 without security, and local merchants could not do enough to get the university off to a good start. But by last week, instead of a dream come true. Belin Memorial U. had become a nightmare...
...illnesses of the past. Once it were demonstrated that authority could be shifted to the Vice President on an acting basis and returned to the President without a hitch, future vice presidential candidates would then likely be chosen for their compatibility with the presidential candidate and not merely to lend political balance to a party ticket...
...float," i.e., uncollected checks in transit between commercial banks, for which bankers get an automatic Fed credit. This was used by mem ber banks to cut their debt to the Fed by $158 million and made possible further borrowings from the Fed, thus could give banks more cash to lend...
...reduce credit, i.e., lending ability, as the Fed has been doing under its tight-money policy, it digs into its $23.3 billion portfolio of Government securities and sells them on the open market, to either the general public or anyone else (banks, dealers, insurance companies) that wants to buy. To pay for them, the buyers draw down their bank accounts, cutting the amount of money banks can lend. To increase credit, the Fed merely has to buy securities. Its checks, deposited in banks, increase the banks' reserves and make more money available for loans. Moreover, since banks can lend...
...latest stratagem employed by the Harvard Dramatic Club to advertise their production of "'Tis Pity She's a Whore" is a poster displaying Gothic arches. The arches lend an Elizabethan atmosphere and at the same time utilize perspective such that the word "whore" is barely visible to casual passers-by. If they could do it, the HDC would like to do away with this world altogether, since it has delayed printing orders, cancelled window displays, and prompted the hasty removal of posters from utility poles around the Square...