Word: loaned
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Dates: during 1950-1959
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...opportunity to cash in on the South's utility expansion, had the ill luck to go into business in 1950 after EPT. It was able to make only 1¼% profit despite a tripling of sales-a return so low that banks would not risk giving it a loan. Michigan's Whirlpool Corp. (washing machines) doubled its sales during the EPT period and made $28 million in profits (before taxes). But it was $32 million short of the cash needed for expansion. Yet big, established companies have been able to borrow all the money they want, and under...
...present, the income from scholarship endowments is $158,000 per year. Add to that $150,000 . . . Alumni Fund . . . plus loan and unrestricted funds plus employment . . . the total is $475,000 per year. It seems large on first sight, but dreadfully small in comparisson with other schools. It seems less than paltry (since) an extraordinarily high percentage of "whole man" athletes need...
...solution to the problem here, players feel, is for the College to establish a "loan-lease" arrangement with a closer course than Dedham-perhaps the Winchester Country Club would proves to be the solution to this problem...
...debt. By 1936, he had managed to buy up 59 acres, collect 1,000 students. Then, during the war, the university suddenly began to boom. R.A.F. trainees and G.I.s were sent there by the thousands. After them came hordes of veterans. With a $5,000,000 loan from FHA, Ashe started creating the campus he had always dreamed of. In 1947, he opened the streamlined Memorial Classroom Building-the first real building the university had ever...
Despite the flashy cars, the Negro's spending habits have changed radically. He saves much more than he used to. Big insurance companies, which once considered Negro business more trouble than it was worth, now go after it. Loan companies, car dealers, etc. find Negroes excellent credit risks. There are signs that the Negro has begun to develop a large, strong middle class. Some Negro leaders, in fact, believe?and they do not consider it a bad thing?that the Negro is turning into the nation's new Babbitt...