Word: lende
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...some religion courses, saying that it misrepresented Roman Catholic teaching. Later he accused Author Joseph Fletcher, an Episcopalian minister, of once being connected with a flock of "Communist-front organizations." He noted that the book was published by the university press, and asked darkly: "Why was Princeton willing to lend its name to this thing...
...promptly set in motion a $250-million expansion program readily financed in rupees by its stockholders. But trouble quickly developed when the government said it could not provide foreign exchange to cover $130 million worth of goods and services purchased abroad. At this crisis the World Bank agreed to lend $75 million, and J. R. D. Tata set about raising the rest, had just about finished the job last week...
...June. The British advised Nehru to try private capital, but private capital is showing itself understandably reluctant about investing in what appears to be a highly unpredictable economy. Besides, private investors are a little uncertain as to the extent and fervor of Indians socialist ambitions. Russia recently agreed to lend India $126 million, reportedly might cough up another $25 million, which would not be much help...
Asset or Liability. In Washington, State Department officials have privately advised Indian diplomats that they could hardly expect an economy-minded U.S. Congress to lend a sympathetic ear to a loan request from a nation that has repeatedly gone out of its way to irritate U.S. opinion in foreign affairs; proven friends and allies of the U.S. are having a hard enough time getting...
...government's economic czar, Trade and Commerce Minister Howe, brought in a bill to ensure the construction of a gas pipeline from Alberta to Eastern Canada. The franchise had already been granted to Trans-Canada Pipe Lines Ltd., a corporation controlled by U.S. oilmen; now Howe proposed to lend the company $80 million to start construction. In addition, Howe planned to set up a government corporation to build an uneconomic section of the line. Angrily, the Tories in the House tried to shout down the loan. If government aid were needed, argued Tory Leader George Drew...