Word: loaned
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Dates: during 1950-1959
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...stately hall of London's Tate Gallery, paintings of 52 proud and pink-cheeked youths went on display last week. On loan from Eton, they were pictures of senior boys done by the best British portraitists of the 18th and early igth Centuries...
...five surplus tankers (original cost: $3,000,000 each) for about $8,500,000. Next, he made an agreement to charter the tankers to a Standard Oil Co. (N.J.) subsidiary on a monthly basis. Armed with this contract, he was able to get a $9,700,000 loan from the Metropolitan Life Insurance Co. to pay for the tankers and renovate them. The American Overseas Tanker Corp. turned the tankers over to a Panamanian corporation it controlled, which received the rental on them. After three years, the American and Panamanian firms were sold for a net profit to stockholders...
Emergency Loan. In Long Beach, Calif., when the proprietor of a small grocery pleaded to the gunman holding him up that "We're poor, too," the gunman walked off with the day's take ($32), but promised, "I'll get a bigger haul than this and then I'll pay you back...
...evidence of outright illegality in & around the RFC (though the Justice Department was busily reading the committee transcripts for evidence of perjury). But there was no doubt that the RFC had sunk a long way from the day when Jesse Jones could turn down a presidential suggestion on a loan with the remark: "Well, Boss, we are not running a charitable organization...
...White Book and the rhetoric were obviously designed to show the Western world that Yugoslavia is not crumbling, but is in need of help. Tito has already asked for 1) an immediate $30 million stopgap loan from the U.S. to keep Yugoslav factories running; 2) a long-term loan of $105 million to carry on his floundering five-year plan; 3) permission to buy war planes in the West. Washington and London let it be known last week that such permission will be granted...