Word: lent
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...that of seeing workers through a possible reconversion depression-to the states. The states can tap the Federal Government only if they run out of cash to pay the jobless the benefits, which range from $2 to $22 a week. Then the money is to be lent, not given. Even these benefits are so hedged that the 3,600,000 federal employes, including thousands in U.S.-owned arsenals and shipyards, are left out in the cold. So are migrant war workers. The House trampled on a Senate proposal for the Federal Government to pay up to $200 a family...
...nostalgic milestone of the Great Depression was passed in Chicago last week. In 1932, the Reconstruction Finance Corp. lent $90,000,000 to Chicago's Central Republic Bank & Trust Co., stirring up a tempest of criticism. The loan was sourly dubbed "a Government gift." The reason: RFC Chairman Charles G. Dawes had resigned his RFC chairmanship to resume the chairmanship of Central Republic only three weeks before the loan was made. The cash helped ease pressure on all Chicago banks; but Central Republic closed its doors. Deposit accounts were transferred to the City National Bank & Trust Co., now chairmaned...
Flashes of Light, Sound of Guns. We looked at copies of L'Humanite, the old-time Communist newspaper, now published again in its old building, and of Ce Soir. We lent a blanket to a woman of the Resistance who was spending her last night in four years away from Paris on the back seat of a small car. Then as darkness fell we spread our bedrolls beside the road to Paris and lay there under the starry sky and the low moon. From beneath the Big Dipper came occasional flashes of light. Artillery sounded in the distance...
...just idling off when a fellow on a bike buzzed up. "I want you," he said. "Your place has copped it." He lent me the bike-decent bloke he was-and I burned up the main road toward home. Soon as I got near I could see it was close -crowds and the most awful bloody wreckage all over the lot, police lines streets away. ... I took a quick look. Our house was standing-well, more or less standing. But it was blitzed to bloody hell-the roof clean off, the windows and doors gone, the walls sagging...
...increase the power of nations whose currency is being borrowed from the Fund, every borrower loses one vote for every $400,000 it borrows; the nation whose currency is lent gets that vote instead. Thus if South Africa borrows $100 million from the Fund, 250 of South Africa's 1,250 votes pass to the U.S. British voting power will likewise be increased if pounds are borrowed from the Fund...