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...paper also outlined a plan to pay 10% of the wages of German workers in "promissory notes"-i.e., scrip. Half of it would go into savings banks for "investment" in war loans, half would be "lent" directly to the State's health and insurance agencies. In effect it would amount to an extra income...

Author: /time Magazine | Title: Foreign News: Investors | 1/22/1940 | See Source »

Records of the Bank of North America disclosed that thrift-teaching Benjamin Franklin was overdrawn at his bank nearly half the time. Reason: In his day U. S. banks (like British banks today) customarily lent money to their customers in the form of overdrafts...

Author: /time Magazine | Title: People, Jan. 22, 1940 | 1/22/1940 | See Source »

...fraternity men proceeded to pass resolutions: condemning Hell Week (initiation week) shenanigans, deploring "recent lapses from good taste on the part of certain fraternity chapters that have lent themselves to pictorial exploitation." Elected president of the National Undergraduate Interfraternity Council was a model boy, Michigan State's Arthur Howland, a student who is working his way through college by leading a dance band...

Author: /time Magazine | Title: Education: Greeks' Week | 12/18/1939 | See Source »

Hahn sent Sullivan to Lasker, who lent the $250,000 under the impression that it was to be used to cover stock losses. A month later, the Second Circuit Court...

Author: /time Magazine | Title: National Affairs: Disbarred | 11/27/1939 | See Source »

...Washington Times. When he lost that, Adams got him another on the New York Tribune. Later he became a dramatic reporter on the Tribune, when Heywood Broun was dramatic critic. Broun-who wanted to work at something else-in "a burst of bad judgment" lent his job to Kaufman. After reading Kaufman's reviews, Broun took the job back...

Author: /time Magazine | Title: The Theatre: Past Master | 11/20/1939 | See Source »

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