Word: loaned
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Dates: during 1950-1959
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...famed RFC client, American Lithofold Corp. The gift was arranged by James Finnegan, St. Louis former Internal Revenue collector who has been indicted for taking bribes. When Oliphant resigned, he provided another item for the list. He made public a personal financial statement listing a $1,300 loan from Henry Grunewald, a mysterious Washington private investigator. Oliphant refused to comment on the loan, but Richard C. Schwartz, Revenue Bureau lawyer, had something to say. He testified that Oliphant acted to speed up the prosecution of Teitelbaum after a telephone conversation with Grunewald about the case...
Last week RFC Boss W. Stuart Symington hinted that the Government may lend $75 million to put San Manuel to work to help ease the copper shortage. The loan was requested by little Magma Copper Co., sixth on the list of U.S. copper producers and owner of the San Manuel property. If the loan goes through, as RFC officials expect, Magma's San Manuel production should hit 70,000 tons in the next four years, increasing U.S. copper output by 6%. That would push Magma's total output up to 100,000 tons a year,make the company...
...little thriller, from the planning to the getaway, this sequence is plotted and timed as neatly as the theft itself. It also pegs the film's picaresque hero without a wasted motion. Stewart Granger is the Raffles of art-clever, nonchalant, cynically aware that the painting is on loan from a church altar, so thoroughgoing a rascal that he not only carries on an affair with his henchman's wife but uses the husband's unwitting help to break it off when his interest flags...
...most cases, however, a grant of about $200 is awarded, still leaving a gap of $400. The student is then presented a choice of obtaining a loan, going to work, or doing a combination of the two. "Some men will take a loan of $200 and get a $200 job and others will decide to work for the full $400," Monro says. "The important thing about it is that we leave students a choice, as opposed to places like Yale which do things on a rigid standard based on a man's standing in his class...
...step was taken by the RFC. It lent $57 million, its biggest loan since World War II, to the White Pine Copper Co., a subsidiary of Boston's Copper Range Co. The money will be used to develop its holdings in the Upper Michigan peninsula,* which are estimated to have reserves of 309,660,000 tons of ore and a potential copper output of 35,000 tons a year. Said Copper Range President Morris LaCroix, who has been after an RFC loan for 13 months: "Now this great national asset will be put to work...