Word: loaned
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Dates: during 1950-1959
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...Miss Inga Allison, onetime dean of the home-economics division: "In our active years, we taught from 7:30 in the morning till 5 at night. We were the student-loan fund. We loaned our money without regard for whether we might get it back. We all made personal and financial sacrifices, and we did so gladly, because it was for the good of the school. Now, many of us won't be here long. We want to think that we can meet our last expenses out of our own resources. We don't want to be stripped...
...Rats on Loan. In Fort Worth his museum was so successful that the city decided to put up a $500,000 model building. In Atlanta he organized a program by which hundreds of Scouts have learned about camping, handicrafts and the dangers of litterbugging and vandalism. In Sacramento. Calif., he not only started a museum but a pet library as well. Today, the museum keeps 237 hamsters, rats, snakes, guinea pigs, squirrels, rabbits and turtles which children can borrow for a week at a time...
...reports: "I had been trying to sell a TIME subscription to a certain student for weeks. I finally wound up lending him the money to buy the subscription, and he left school without returning it. At long last, however, he did send a money order to cover the old loan." At Seton Hall University, Agent Irving Blau was stumped by a fellow student who refused to subscribe because TIME hadn't mentioned the remarkable Seton Hall basketball team. "However," says Blau, "the very next week, when there was a story on the team in TIME, I sold...
...operate a new $11 million luxury hotel in a fashionable part of the city for the Retirement Fund of Cuba's 45,000-man Culinary Workers Union. The union agreed to finance the hotel with $6,000,000 from the fund, plus another $5,000,000 bank loan...
Almost two-thirds of RFC's assets are business loans totaling $664,500,000, and Cravens thinks that 90% of them are readily marketable. RFC also has some other blue chips which should be easy to sell: $85.9 million in railroad securities, $45.5 million in securities of banks and trust companies, and $67.1 million worth of home mortgages. But some other assets, including a $48 million loan to the Philippines, $42.3 million in obligations taken over from the defunct Defense Homes Corp., $18.3 million in disaster-relief loans, will probably be turned over to the Treasury with no attempt...