Word: loaned
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Dates: during 1950-1959
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...refinery in Coryton, England. Under the deal, Socony sold a half-interest in its British subsidiary. Vacuum Oil Co., Ltd., to Powell Duffryn, in exchange for ?3,500.000 ($9,800,000) and the refinery site. Socony has put $3,000,000 in new capital into Vacuum Oil, will loan it $2,800,000 more to help start up refining operations. The deal will permit Socony to sell refined products in the sterling area despite Britain's recent drastic restrictions on imports of dollar...
...right halves will, "in due time," be redeemable for 3% government bonds. At the same time, the government's magical scissors also cut the Indonesians' bank accounts: half of all accounts over 400 guilders ($100), with some exceptions, will be set aside as a forced loan to the government at 3%. These operations are intended to cut sharply the effective demand for goods in Indonesia. This, in turn, will bring the Indonesian price level in line with that of other countries...
...governor of North Dakota. He has since made several Senators regret their votes to seat him. A lone wolf, incapable of cooperation, 63-year-old Isolationist Langer has probably introduced more trivial bills than any other Senator, once proposed that the U.S. withhold the $3,750,000,000 loan from Britain and use the money to provide urinalysis for U.S. citizens...
There still remained the delicate operation of putting the deal over in Cuba. Prío, mindful of the violent press campaign which almost wrecked his negotiations for a $100 million First Boston Corp. loan last year, planned to spring this one without advance notice. But last fortnight, before the cabinet was scheduled to act on it, the Cuban press bloc opened up on the Pawley deal...
...Business School ultimately hopes to have loans up to $1,200 for every stu-student who needs them. Scholarships will be available to outstanding men whose needs exceed the loan limit...