Word: lent
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Dates: during 1930-1939
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...National Recovery Act was President Roosevelt's colossal public works program. For this purpose $3,300,000,000 was to be raised by Federal bond issues which, with other "extraordinary" budget expenditures, would probably put the Public Debt to an all-time high.* The proceeds were to be lent to states, counties and municipalities on a 30-to-70 basis. It was estimated that each billion dollars would put 1,000,000 men to work constructing bridges, laying roads, clearing slums, eliminating grade crossings, building war ships. Private industry was to get no cash from the Government...
...garage he spent hours coaxing a pair of mice out of their hole onto his drawing board. When they assumed faintly human attitudes, his guffaw of delight sent them scampering back. Then, singlehanded, with $40. he tried to make an animated cartoon cinema called Steamboat Willie. His brother lent him several hundred dollars more to photo graph it and get to Hollywood. The pic ture did not sell but it got him a studio job. Soon after he invented an Oswald the Rabbit cartoon. Sound came to the cinema and his boss scrapped Oswald and Disney. With $15,000 savings...
...post on the fourth floor was one of the most amazing museum robberies of modern times discovered. Most valuable of the ten stolen paintings were an "Annunciation" by Fra Angelico, a "Christ's Ascension" by Peter Paul Rubens. Most embarrassing loss was a "Judith" by Lucas Cranach, lent to the Museum by Sculptor Carl Milles. The other seven were a Rogier van der Weyden, a Sir Thomas Lawrence, a Romney. Van Dyck, Jean Fouquet. Francois Clouet and Bernardino Luini. Eight were from the Friedsam collection. The Van Dyck was 2 ft. by 1 1/2 ft. The rest were...
...months the R. F. C. has lent U. S. railroads the sum of $365,782,843 with which to meet taxes, hire workers, pay off creditors, replace equipment. If these loans are not repaid the U. S. Government will some day find itself the proprietor of most of the railroads in the land. In his campaign speech at Salt Lake City last year Franklin Roosevelt put the carriers on notice that they could not look for an unlimited flow of credit from his Administration. He was ready to help them through the slump but they, in turn, must accept more...
...writing down interest on farm mortgages to 4½%, thereby relieving the farmer, and 2) for a Federal guarantee of the interest on a $2,000,000,000 issue of Federal Land Bank bonds to be exchanged for mortgages, thereby relieving insurance companies, banks and others who have lent the farmer some eight and one-half billion dollars...