Word: lende
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...joined hands with Franklin Roosevelt's foreign policy, voted for repeal of the Neutrality Act, supported Lend-Lease. From 1942 on, the Administration invited him to periodical conferences on postwar foreign policy; from these sessions emerged the idea of U.N. At the Chapultepec conference in 1945, Austin did a sterling job of bipartisan cooperation for inter-American friendship. A year later came his appointment as America's "Ambassador to the World" at Lake Success...
Actually, the invaders were far from united. Returned Helgolanders, intent on making the island livable, scrounged among the rubble for furniture and firewood. They growled at Prince Hubertus and other intellectuals, who were too busy pecking out manifestoes and newspaper reports on their portable typewriter to lend" a hand. One invader, dubbed the Totengräber (gravedigger) by his disapproving companions, kept completely to himself, spent all his time rearranging skulls and bones in the island's ruined cemetery...
...West, Acheson thought, lay the hope of stopping Russian Communism. In his previous capacities at State he had done yeoman service in helping to prepare and win congressional approval of Lend-Lease, UNRRA, the World Bank, the Export-Import Bank and the Truman Doctrine. In a speech in the spring of 1947 he had outlined the ideas which George Marshall had taken up a month later, and which became the Marshall Plan. During the months immediately following Acheson's induction as Secretary, the West even held the momentary initiative. Acheson presided over the signing of the North Atlantic Treaty...
...Germ of Controversy." A divergence between Peking and Moscow over tactics and controls in Korea (or over the much more important prize of Manchuria) is certainly possible. If these differences, like those between Tito and Stalin, lend themselves to exploitation, it is a chance " that the free world ought not to miss. But, at the moment, any split between the Chinese and Russians seems to be more in wishes than in evidence...
Almost alone among big businessmen, General Motors Corp.'s President Charles E. Wilson has needled the steel industry for not expanding faster (TIME, Nov. 6). Last week Charlie Wilson did more than needle. In an unusual agreement, G.M. offered to lend Jones & Laughlin Steel Corp. $28 million at only 3% interest. With the loan (still to be approved by J. & L. stockholders), plus another $200 million from bank loans and new bonds, the steel company will do just what Wilson has been asking. It will increase its capacity by 1,500,000 tons, or 32%, by 1953. In return...