Word: loan
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Dates: during 1970-1979
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...actually costs the United States, something that proves that the U.S. is not kidding around, the South African government will see no reason to change at all. The only things I can see that are non-violent, and that would constitute a strong pressure, are withdrawal of investment and loan money from South Africa, and recall of the ambassador. It will take something fairly dramatic, like withdrawal of economic and diplomatic support, to get it through to them, finally, that they either have to start negotiating with black leaders or face the whole thing on their...
...Rhoodie's incessant efforts to meddle in its affairs. In February, the department helped arrange a sale of Luyt's interest in the Citizen to businessmen including Dallas Lawyer David A. Witts and Beurt SerVaas, chairman of the Curtis Publishing Co. Luyt has yet to repay the loan or $3.3 million in interest...
...Mostert's report does not touch on the alleged attempt to purchase the Washington Star. As described by the Daily Mail, the department in 1976 "loaned" $11.5 million from the slush fund to Michigan Publisher John P. McGoff, who is co-owner with Eschel Rhoodie and Mulder of a large farm in the Transvaal, to finance a $26.3 million offer for the paper. Joe Allbritton, the Texan who owned the newspaper from 1974 until he sold it to Time Inc. this year, denies that McGoff ever approached him. McGoff, whose Panax Corp. publishing company acknowledges bidding for the Star...
...British gave an eminently practical birthday present: money. Westminster, which has ruled the island since 1805, signed over $20 million, half of that a no-strings grant, the other half an interest-free loan. Next in line were the French, who vowed to build a sports stadium, a jetport and a better road connecting the capital of Roseau (pop. 20,000) with the island's sole landing field, 36 jolting miles away. The U.S. anted up 250 reference volumes for the national library...
...bank competition for new business and bite into bank profits. California's Bank of America, which is offering PATS at its 1,100 branches, reckons that the interest it will pay to PAT depositors will total $30 million annually and slice about 7.5% from earnings. Savings and loan association officials are also worried about this new round of competition for the savings dollar. Many are desperately hoping they will be allowed to offer checking-with-interest accounts of their own or other services that may help curb a loss of depositors to commercial banks...