Word: loan
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Dates: during 1940-1949
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...which has always proved a friend in need for Henry Kaiser, came through last week with a $34.4 million loan for Kaiser-Frazer. RFC said some of the cash would be used to tool up for a complete line of cars. (K-F now makes only four-door sedans.) Detroit also heard that about $5,000,000 would be used to turn out a car for under $1500 to challenge Ford, Plymouth and Chevrolet. Henry Kaiser, who has paid back $67.6 million of his federal loans, now owes the government $149.8 million...
...days later the stock bounced up again to 4 3/8. At week's end RFC let out some news which might explain the rise. K-F had been dickering for a $30 million . loan since May, and if "all requirements are met" the RFC might be disposed to grant it. Detroit buzzed with rumors that Kaiser would use such a loan to retool for his long-promised, light low-priced car to compete with Chevrolet Ford and Plymouth...
Before the building was opened as a guest house, it was remodelled extensively inside with period furnishings to match, some of them given or lent by graduates, others on loan from the Fogg or the Metropolitan in New York. The star visitors so far have been ex-King Peter of Yugoslavia, who stayed there when he came to speak at the Business School last spring, and Justice Felix Frankfurter, who was in Cambridge for a short time this summer. President Conant also stays there occasionally in one room he particularly likes-because it has a shower instead of a bath...
...added incentive to prospective members, club spokesmen last night promised free admission to the dates of members throughout the film series. The series this fall traces the development of the American movie, and is on loan from the New York Museum of Modern...
...loan library is a customary PBH service which dwindled during the war years but was recently fully revived by Barnhard and his three-man committee...