Word: lende
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...Government's tight-money policy also hit Government bonds themselves. Many banks sold off low-interest, long-term Treasury obligations to get more money to lend at higher rates. In addition, the Government has had a hard time selling its low-interest savings bonds at a time when other interest rates were climbing. In 1956 the Government sold $5 billion in E and H bonds, a big $600 million drop below estimated sales. What was worse, the public has flocked to cash in its savings bonds. In the first two weeks of 1957 the value of bonds cashed in actually...
Asked how he would have handled the McKeon case if he had been attorney for the prosecution, and had uncovered the same facts about the case as he had collected for the defense, Berman replied that "facts lend themselves to different inferences." He said that his handling of the case was somewhat different than if it had been tried in a non-military court, because in the court-martial, the jury is a "tribunal of experts...
...other financial institutions have grown up that there is an enormous pool of lendable funds outside the Reserve's jurisdiction. Nonmember commercial banks control assets of $31 billion, mutual savings banks assets of $33 billion, while life insurance firms and savings and loan associations have $135 billion to lend or invest as they choose. In addition, some 20 Government agencies, from the Veterans Administration to the Small Business Administration, have taken on important financial duties independent of the FRB. As a result, some economists fear that the nation's many credit operations are not well enough controlled...
...Agreed, four weeks after Iceland dropped its demand that the U.S. withdraw its forces from the strategic Keflavik air base, to lend Iceland $4,000,000 to finance essential imports and continue its economic development programs...
...Announced, in reply to an urgent appeal by United Nations' Secretary-General Dag Hammarskjold, that the U.S. will lend the U.N. up to $5,000,000 to help meet the initial costs ($7,000,000 to $10,000,000) of Suez Canal clearance, with repayment "terms and arrangements" to be worked out later. Canada, Australia and six West European nations are expected to advance the rest. Still to come: agreement on a permanent plan to finance the total ($40 million) salvage...