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...avoids competing with private bankers, keeps its interest rate at 6% (v. about 3% for comparable private loans) and advises every applicant to try local banks first. If the bank can take part of the loan, SBA will take the balance. Its requirements for collateral are more lenient than those of private banks, but every borrower must prove his good character, have substantial money of his own invested, show that he can operate successfully. Says Barnes: "We don't make a loan if there's no chance for repayment." In all, the agency has approved 731 loans (less...

Author: /time Magazine | Title: GOVERNMENT: Storm Help | 9/20/1954 | See Source »

...Lenient Rules...

Author: By Steven C. Swett, | Title: Great Debate: Small College vs. University | 5/12/1954 | See Source »

...most significantly, a foreign student cannot take employment without receiving explicit permission from his district immigration office. Officials are usually lenient in administering the no-work rule. Graduate students can take jobs, with permission, as research assistants in work relating directly to their major field. And, if foreign students establish need, they can be permitted to work, at least until such time when unemployment might spread...

Author: By Jack Rosenthal, | Title: Immigration: Red Tape Bars Our Border | 5/5/1954 | See Source »

...years of political activity that followed were lessons in the technique of the underground. Police methods under the Tsars were comparatively lenient, he discovered, because the dying regime was old and soft. Often prisons became centers of revolutionary activity. But the "super beated Turkish bath" that followed 1917 was another matter. Sorokin had enjoyed a few months respite under the Kerensky government as secretary to the Prime Minister and editor of the party newspaper. When the Bolsheviks stormed the Petrogard Garrison, however, it meant that the other socialist parties would be again outlawed and persecuted...

Author: By Dennis E. Brown, | Title: Revolutionary Gardener | 5/1/1954 | See Source »

...able to do so the next." He cited the facts and figures of German divorce: "Between 1948-52 we had 480,000 divorces"-105 out of every 1,000 marriages.* Then, without any other evidence to back him up, Wurmeling suggested that much of the fault lay with too lenient non-Catholic judges, who "refuse to take a religious oath." That did it. Germans of many denominations joined in denouncing Wurmeling for interfering with civil liberties, attacking the integrity of the courts, and "turning everything upside down." To soothe the ruffled Bundestag, the Minister of the Interior had to take...

Author: /time Magazine | Title: WEST GERMANY: Defender of the Family | 3/29/1954 | See Source »

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