Word: loaned
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Dates: during 1970-1979
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...Americans who dream of buying a house, and for the thousands of builders who yearn to sell to them, the deep two-year decline in the housing industry could be ending. Mortgage money is again amply available after being painfully short most of last year. Deposits in savings and loan associations exceeded withdrawals by $3.1 billion during January. The new surge of money into S and Ls reflects in part the drop in interest rates on short-term investments like federal notes, which were attracting cash out of thrift institutions...
...compensation payments, the company lost $12 million last year. Indeed, it has been able to remain in business only by selling $40 million worth of its $250 million total assets and persuading banks to defer for up to three years interest and amortization payments on $90 million in outstanding loans. To add to Chisso's troubles, another of its plants was partially destroyed by an explosion in 1973. Company officials last year quietly asked the Japanese government's development bank for a low-interest $13 million loan to repair the factory. But when news of the request became...
...Pollution is an act akin to murder," charged a government environmental officer, who argued that taxpayers' money should not be used to bail out an industrial polluter. Jun Ui, Japan's leading environmentalist, goes further: if Chisso gets the loan, he says, a wrong precedent would be set. He fears that the government may be asked for low-interest loans by other polluters-Mitsubishi Oil Co., for example, which was responsible for a serious oil spill at the Mizushima industrial complex (TIME...
...Prime Minister Takeo Miki points out that "Chisso wants the loan to pay not for the consequences of pollution but to repair its damaged production system." Then, too, says Labor Leader Kaoru Ohta, if Chisso were to go bankrupt, there would be no compensation for the remaining Minamata victims-nor would there be jobs for the company's 1,500 workers and those of its subcontractors. "PPP is fine with me," Ohta says, "but the government should grant that loan." Even if it does, however, Chisso for a long time to come will have to contend with a fourth...
...triggers the mechanics of the play by making a secret loan to Nora and then writing her husband a letter about it, Krogstadt should be ominous. Yet Heyman merely huffs and puffs like a March wind. Dr. Rank, Nora's platonic admirer, is dying of hereditary syphilis and is in considerable agony. No one has apparently mentioned this to Michael Granger, who plays the doctor as if he were an aging boulevardier with a head cold...