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...world needs. Wistfully, President John J. McCloy told of plans to float the bank's first debentures in July-$250 million worth, at around 3% interest. If they are sold, other issues will be floated. The cash from the first issue will just replace the $250 million lent to France. It will leave the bank with only the $727 millions in U.S. currency it now has available for loans. But the world's need, by the Administration's estimate, is $5 to $6 billion a year for three or four years (see NATIONAL AFFAIRS...

Author: /time Magazine | Title: FOREIGN TRADE: So Little Cash | 6/23/1947 | See Source »

...facts of the matter were few, and sordid, and readily lent themselves to scareheads: somebody bludgeoned the Walter Overells aboard their cruiser in Newport bay, Calif, and blew up the boat, and the Overells with it, by a charge of dynamite rigged to an alarm clock. From the moment the cops picked up 18-year-old Daughter Beulah Louise Overell and her boy friend, Los Angeles newspapers had a field...

Author: /time Magazine | Title: The Press: Down Adela's Alley | 6/16/1947 | See Source »

...working for his father, then A-H's president. Instead, he wrote a shipping column for Hearst's Examiner, learned about the waterfront and gained a reputation for brains and high spirits. After six years of this, he went to work for A-H and was lent to the Waterfront Employers Association. Shippers think that he had a lot to do with improving labor relations. During the war, when ulcers kept him out of uniform, he ranged the Pacific, unscrambling shipping problems. When A-H's President John E. Gushing decided to move over to the Matson...

Author: /time Magazine | Title: SHIPPING: New Man, Old Name | 5/19/1947 | See Source »

...Wallace, railed against the Truman Doctrine, the "big corporations" and "the campaign of vilification" against Russia. Angry businessmen of Valley City put it up to the publisher: either he would right his leftist policy, or they would put him out of business. Among the complainers were some who had lent him the money to buy the paper two years...

Author: /time Magazine | Title: The Press: People's Choice | 5/5/1947 | See Source »

...despite name, the Requiem is not sorrowful or morbid, but confident and reassuring. Particularly fine were the male voices in the great fortissimo, "Behold, all flesh . . . ," and Radcliffe attained equal stature in the flowing fourth section and the final fugue. The impassioned soprano solos of Miss Frances Yeend lent the note of high personal achievement needed to round out a very satisfying concert...

Author: NO WRITER ATTRIBUTED | Title: The Music Box | 4/23/1947 | See Source »

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