Word: lents
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Uniting The Bronx, Manhattan and Queens by means of an enormous steel and concrete Y, the Triborough Bridge represents the biggest single thing New York City has so far got out of the New Deal. The Federal Government lent $35,000,000, gave $9,200,000 towards its construction. Largely because of this heavy stake, President Roosevelt went to New York City last week to dedicate the new bridge. Chief engineer of the Triborough was Othmar Hermann Ammann, who swung the Port of New York Authority's huge George Washington Bridge across the Hudson River. When his turn came...
...River National Bank, the doctor was obliged to gamble for new business, began financing money-hungry cinema companies. His sure-fire test of the box-office value of a new film was to show it privately to a group of schoolgirls aged 15 to 20. What they liked he lent money on. Berated once by a bank examiner for having risked $500,000 on Charlie Chaplin's The Kid, he replied: "I think it a better investment than a Liberty Bond." The Kid paid back its loan in five months, and Liberty Bonds dropped to 80. In 1931 Bank...
...Chicago's Century of Progress. Notable Milliken borrowings were Memling's Portrait of a Man Holding a Carnation from J. P. Morgan, a Titian and a Raphael from Paris' haughty Louvre Museum and two great Italian works from Italy's Italico Brass. Among Clevelanders who lent Director Milliken 79 pictures in all were three members of the Hanna family and the estate of Cleveland's Tycoon John L. Severance. Director Milliken, expecting a 75% average, had a 98% success...
...theme song of the Spanish-American War, A Hot Time in the Old Town Tonight, lent itself naturally to the 1904 campaign of Theodore Roosevelt, but eight years later, for his Bull Moose campaign at "Armageddon," his marching song was Onward Christian Soldiers. In the intervening campaign, won by Taft in 1908, his lady admirers sang: Taft for Me, Taft for Me to the tune of Tammany. Woodrow Wilson scorned campaign songs, but in 1916 he was forced to listen often to I Didn't Raise My Boy to be a Soldier...
With Mr. Jones's approval the eight railroads* last summer jointly applied to the Interstate Commerce Commission for permission to buy M. & St. L. ("The Peoria Gateway"), which has been in receivership for the past 13 years (TIME, Sept. 23). Purchase price was to be $7,200,000, lent by RFC. Last month while I. C. C. hearings were still being held on the plan, Minneapolis citizens got excited, began raising a war chest to fight the M. & St. L.'s dismemberment, asked Congress to go to bat for the integrity of the road. The Senate voted...