Word: lent
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...Britain's allies. Poland will receive the lion's share of the credits (one estimate had it that the Polish loan would amount to $200,000,000), but Rumania, Turkey, Greece and Egypt are also expected to share. Almost all the money, which will be lent through the Board of Trade, the British equivalent of the U. S. Department of Commerce will be spent in Britain to buy munitions, raw materials, war supplies. About $30,000,000 can be used to buy goods that Britain has imported and is willing to reexport. The bill is expected to pass...
...warning to take their gas masks with them to the sea shore. But Bulldog Spirit can bring a bit of beautification even to A. R. P., as Mr. C. W. Milsom of Barnsbury, London, has demonstrated. Mr. Milsom, a backyard esthete, has prettied up the corrugated iron bomb shelter lent him (rent free) by the Government. The shelter's roof has been converted into a rock garden, a horseshoe ornaments the entrance, Christmas tree lights are strung inside. Presumably the rococo goldfish tank on the roof will be taken inside in case of trouble...
More was soon known of the educator's finances. Three banks in New Orleans and Baton Rouge disclosed that they had just lent Dr. Smith $500,000 on notes signed by himself as president of L. S. U. The big brokerage house of Fenner & Beane in New Orleans had just asked him to withdraw $375,000 in L. S. U. bonds which he had posted as collateral for gambling in wheat futures. The State Attorney General announced that these notes were worthless and the bonds were unauthorized...
...years Josephine Roche and other officers lent money to the company to pay interest on its $3,971,000 bonded debt. Some five years ago Miss Roche stepped out of the presidency to become Assistant Secretary of the U. S. Treasury, turned over the job of running the company to able J. Paul Peabody. Last year, after his death, she returned to the job, later asked bondholders to take interest cuts in their R. M. F. 5s. They refused...
...Masters exhibition at the San Francisco Exposition (TIME, March 6), it covered every major school of European art up to the French Revolution. It was remarkable also in that no less than 88 works were being shown publicly for the first time in the U. S. Lent by great foreign museums or private and inaccessible collections, these could not have been seen otherwise by nine-tenths of the visitors...