Word: lende
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Once C.V.C. is in business, it will become selfsupporting, but the initial investment in dams, power plants and transmission lines will require $187 million in all (including last month's governmental commitment). A favorable report by the World Bank mission was a hint that the bank would lend a reported $20 million to $27 million for imported equipment and machinery. As for the rest. Finance Minister Carlos Villaveces has promised that "the government will see this through, come what may." To help raise funds, the government recently doubled Cauca Valley land taxes, without a murmur of complaint from...
...condition of Egypt gave shareholders no guarantee that their investment would be protected. Said Black: "The Bank is a bank, not a handout business." While the World Bank hesitated, Nasser talked to the Russians, who are supplying him with arms from the Czech armament factories. The Russians offered to lend Egypt $300 million for 30 years at 2% interest, promised to complete the dam in six years instead of the 15 estimated by Western engineers. Nasser confided to U.S. officials that the prospect of having an army of Communist engineers in Egypt pleased him no more than it pleased...
...After 20 months of the terrible Murmansk run, Ulysses is brought to her death at the guns of a hit-and-run German cruiser. Many of those who volunteer to buy the book will wish it could be compulsory reading in Russia. It recalls a cost of Lend-Lease not in dollars or pounds but in unimaginable hardship...
Dean Horton, in proposing that the Divinity School lead in establishing the various inter-disciplinary courses, pointed out that "Theology used to be called the Queen of the Sciences: perhaps by such a ramified ministry as this it could lend the University a certain spiritual unity and so qualify in our modern day and in a modern way for the appellation...
...Getter. In Fond du Lac, Wis., fined $65 for reckless driving, Gerald W. Oelerich was tagged an additional $10 for contempt after he interrupted court proceedings to ask the judge: "You wouldn't lend me the money, would you, Your Honor...