Word: loaned
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Dates: during 1950-1959
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...money ($200 million a year in oil royalties), plus the common Hashemite hatred that unites its King with Jordan's against the rival Saudi Arabian dynasty. After last week's desert meeting the Iraqi Cabinet went into emergency session to approve a $2,800,000 loan to Jordan...
...outbreak was stopped by putting almost a pound of antibiotics in every ton of turkey feed. But where the turkeys get the virus remained a mystery. The Columbia River's wild ducks were suspected because they mooch free meals in the turkey runs. But Dr. Donald Mason (on loan to Oregon from the U.S. Public Health Service) admitted: "We may never know whether the ducks gave the disease to the turkeys, or vice versa...
...foreign customers who need U.S. goods but lack the cash to pay for them, there is always one avenue of last resort. When both private bankers and the World Bank (which makes only loans guaranteed by foreign governments) refuse credit, the borrowers go to the U.S. Government's Export-Import Bank, set up to finance purchases of U.S. goods when other funds are unavailable. Last week three Japanese firms that wanted such loans were winding up arrangements to get them. To ease Japan's chronic power shortage. Ex-Im was closing an $11million loan to Kansai Electric Power...
...stretches a helping hand to anyone with a "reasonable" chance of success, will shell out millions for airplanes or thousands to buy a truck. In 1955 alone, Ex-Im authorized $371.1 million worth of individual loans, also handed out general lines of credit worth another $15-1-9 million to 130 U.S. exporters. An Argentine company got $60 million for a new steel mill; a Brazilian company got $1,222,000 for new U.S. buses; customers in Peru, Thailand, Turkey. Greece, Italy. Egypt borrowed funds ranging from $20 million down to $5,000 for everything from hospital equipment to coal...
...despite this situation, the student holding a scholarship is supported in a state little short of luxury, forced to earn only $300 a summer, and take either a $300 job or loan during the academic year. When other deserving students are forced to earn or borrow their entire upkeep, it seems the College can ill-afford such generosity. While raising the amount of work and loans required of scholarship students would undoubtedly hurt their economic and intellectual status, the harm done would hardly be comparable to the benefits given the Group V or VI student who could receive at least...