Word: loan
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Dates: during 1940-1949
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Senators Vandenberg and Connally suggested a preamble to the Greek-Turkish loan legislation which would make it clear that the U.S. was acting only as an agency of U.N. and "in conformity with the principles and purposes of the Charter...
...weeks, Bolivia has been dickering with the U.S. Metals Reserve Co. for a 9?-a-pound price boost (to 76?) on the 20,000 tons it ships annually to the tin-hungry U.S. The U.S. finally offered 74?. Then the Argentines (who are granting Bolivia a $62,500,000 loan) stepped in. Argentina contracted for 8,000 tons a year at the Bolivian asking price and agreed to take 12,000 tons more if no other buyers showed...
...sheer homesickness. And church-sponsored social gatherings are livelier affairs than the stuffy whist drives at home. But the church's appeal is not all nostalgia. "Of course," says Selwyn cheerfully, "a great many people think a parson's a fool, and come to us for a loan with some cock & bull story about being robbed on the Metro...
...Egypt. The Russians placed a tentative bet only a year ago, lost out with their fiasco in Azerbaijan, Iran. Now Russia has raised the ante by threatening Greece and Turkey. Last week, President Truman dealt in the U.S. - in a diplomatic way -by asking for a $400,000,000 loan to Greece and Turkey, accompanied by mili tary advisers and weapons (see NATIONAL AFFAIRS). The loud talk was all of Greece and Turkey, but the whispers be hind the talk were of the ocean of oil to the south...
Earlier in the week Peru's Congress voted to resume payment on long-defaulted bonds held in the U.S., in hopes of getting a U.S. Export-Import Bank loan. But both Chile's and Peru's prospects for new U.S. loans are poor. Perhaps, in the long run, the Strong Man will be a bigger help than...