Word: lent
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...Robert E. McCarthy Jr., former branch manager of Detroit's Bank of the Commonwealth, took $500,000 out of the treasuries of the Teamster organizations in Detroit and deposited the money in a non-interest-bearing account in an Orlando, Fla. bank. The bank in turn lent money to Sun Valley, Inc.-a land development company of which Henry Lower is president. The company then bought up Florida lots at about $18 apiece, and with Hoffa's help began promoting the land as a haven for retired and aging Teamsters-selling the lots at prices ranging from...
Speaking on the topic "America's and Its Impact," Morgenthau that the United States has existed since the American Revolution "not itself, but for the world." This fact, with the increasing challenge of he warned, has lent a "dual urgency and significance" to the status of States prestige...
...still not enough. Last year high schools had only 18,500 full-time counselors for 10 million students, and they argue the need for at least twice as many. The education act does not apply to elementary school guidance which is a further weakness. And while the bill lent $57 million to 115,000 college students last year, the really needy could well use federal scholarships (promised in both political platforms...
...volunteered. "My idea would be to appoint the best persons without regard to race, creed or color." Having once more contradicted his running mate, Nixon might have liked to let the matter drop. But reporters, irked by Lodge's condescending manner, kept the controversy alive. And happy Democrats lent them a helping hand. Wry suggestion from Democrat Lyndon Johnson: There ought to be a "great debate" between Nixon and Lodge...
Built-in Scope. The new bank has divided its cash in two. The larger portion, 85%, will be used for normal development loans repayable in the currency lent. The rest will make up a special fund for emergencies or for special projects outside the normal scope of banking, e.g., roads in Bolivia. Regardless of what currency the special loans are made in. they can be made repayable partly or wholly in the currency of the borrowing nation. Interest on normal loans will be a maximum of 6%, low by Latino standards; on special loans the rate will be as little...