Word: loaned
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Dates: during 1950-1959
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...Britain last week, commercial television (never to be confused with the state-supervised BBC) celebrated its fifth birthday by repaying the last shilling of the ?550,000 government loan that got the enterprise started. Despite such success, critics carped that a Briton's TV set was no longer his castle. The big payoff, wrote the London Evening Standard, was financed by U.S. shows. "Not only are there too many imported programmes on the home screen, but our homebred programmes are becoming more and more influenced by America...
...Soon they were producing Quetta's first homespun daily, which had seven names: Tanzim (Order), Kohsar (Mountain), Bagh-o-Bahar (Garden in Spring), Qand (Sweetness), Nara-e-Haq (Voice of Truth), Zamana (Times) and Sadaqat (Righteousness). Last week they laid bold plans to float a bigger government loan, hire a pool reporter and three stencil cutters, organize group circulation and sales crews. Observing from afar, Governor Husain sent congratulations: "Bound to create history in the field of journalism." But then, Quetta's weird weeklies had already, in a sense, done that...
Because developing nations have a growing need for all kinds of capital-not just dollars-Ida would make loans and accept payments in soft currencies as well as hard. To get a loan, a borrower would have to ante up some of his own money. Having a stake in Ida, the soft-currency countries would have a real incentive to spend Ida's money with prudence...
...dotting an 'i.' " But the odds were high that Eisenhower, riding the tide of thrift, would eventually get what Johnson knew the White House wanted: a housing law that renews the nearly exhausted FHA mortgage-insurance authority, extends home-improvement and military-housing loan insurance programs and costs about the $1.6 billion the President asked in the first place...
Fulbright was vexed at the President, because White House influence had helped kill off Fulbright's cherished plan for a five-year Foreign Aid Development Loan Fund, financed by back-door borrowing from the U.S. Treasury (TIME, July 13). Ike was vexed at the Senate, because it had chopped heavily into military assistance funds in cutting his $3.9 billion request for foreign aid authorization down to $3.5 billion. The Senate, he told his press conference, was "not taking into account the tremendous responsibilities of the U.S.," and he hinted that he might call a special session if military...