Word: loan
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Dates: during 1940-1949
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...Defense Secretary Louis Johnson, the U.S. decided last week to cuddle up a little closer to rebel Communist Tito. The first step was the sale of a $3,000,000 blooming mill to help out Yugoslavia's steel industry. The next would probably be a World Bank loan. Johnson and his military advisers, who see no point in helping a potential enemy and believe that a Communist is a Communist, had fought for months against the idea. But Secretary of State Dean Acheson argued that doing Dictator Tito a few favors was one way to keep Belgrade and Moscow...
...should President Carlos Prío Socarrás have to borrow $100 million in the U.S. when there was plenty of money in Cuba? It was a question his enemies were bound to ask as soon as they heard about his proposed First Boston Corp. 3⅞% loan for public works (TIME...
...held a two-hour conference with 15 Cuban bankers, his palace publicity office handed out a mimeographed statement signed by the bankers. "We want to contribute to the economic development of Cuba through mobilization of her own resources," it said. The bankers' proposal: a $35 million loan, at higher interest (4%) and with fewer incidental services than First Boston had promised...
...patron of the Bleitz Camera Co. started out on a loan basis, ended up buying $1,000 worth of equipment...
Congregationalist Yuasa's new Christian college can be counted on to absorb more of the U.S. than dollars. Last week, while he worked at his desk at Japan's Doshisha University, which he now heads, Yuasa received a call from the U.S. Military Government asking the loan of some of his professors to give Japanese tax collectors a few pointers in bookkeeping. Said Hachiro Yuasa, smiling: "They realize that we ... know the American way of doing things...