Word: loaned
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Dates: during 1950-1959
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...Fords and Cadillacs. Government officials, demanding emancipation from the tyranny of tin, urge Bolivians to look eastward to the regions where the Andes fall away in giant green gorges called yungas to the Amazonian jungles and Chaco plains. With the aid of a $26 million U.S. Export-Import Bank loan, Bolivia hopes to finish a highway linking the mountain cities with Santa Cruz, capital of the plains, by late 1953. Brazil and Argentina are busy building railroads across the Chaco (see map) to open the area to the Atlantic. Bolivian nationalists, sponsors of a "March to the East," talk paradoxically...
...Presidential Press Secretary: James C. Hagerty, 43, onetime reporter for the New York Times, where his 76-year-old father, James A., is still a top political writer. Young Jim became Tom Dewey's press secretary in 1943, has served on loan to Ike since before the 1952 convention. Most newsmen agree that he lives up to his avowed intention "to give reporters the same treatment that I expected when I was a reporter...
...largest commercial banks. An amateur musician, artist (specialty: watercolor seascapes) and crack yachtsman (navigator of the America's Cup defender Enterprise), Aldrich is a longtime friend of Britain, was president of the British War Relief Society during World War II, helped swing Britain's first postwar loan from...
...shortage of money for FHA and veterans' mortgages. Though other interest rates have moved up, the FHA and VA still will only insure mortgages at 4¼ and 4%, rates now too low to attract much bank money. The realtors were all in favor of FHA and veteran loan guarantees, but they thought that interest rates should be set on a flexible, regional basis rather than one rate across the nation. Said Atlanta Realtor Henry H. Robinson: if VA interest rates were allowed to rise, "Expect a terrific boom in G.I. home construction...
...prevent the Army from snatching it for tank production-was to take K-F in the package. There was another reason for giving K-F a contract: the RFC had just sunk another $25 million in the company and was anxious for a war contract to bail out the loan...