Word: loans
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Dates: during 1940-1949
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...stalwart continental democracies. Mr. Averill Harriman, committee chairman, spoke in cold, harsh tones of survival. A ruthless and determined Russian drive for world domination could be stalled only by a speedy resurrection of such democratically minded nations as Germany, Austria, France, and Italy. While a 17 billion dollar loan is well-designed for the task, Mr. Harriman's enthusiasm seems to have overwhelmed his logic, for he also advises an immediate withdrawal of all aid to those countries which might in the future come under Kremlin influence...
Latin Americans have a lot of ideas about what should be done at Bogota, particularly in the economic field. Most Latin American nations are hungry for dollars, many have full-blown inflation. Colombia last week outlined to the Pan American Union planners a scheme for a $5 billion U.S. loan to finance industrialization of Latin America, stabilize local currencies. In Rio de Janeiro, U.S. -wise Brazilian Businessman Valentim Bougas urged Latin Americans to follow the ex ample of European nations, which met in Paris last summer to canvass their needs. Latin delegates, Bougas said, should get together at Bogota...
Cleanup. Besides, it might not be necessary. According to Santiago gossip, González' anti-Communist action had already won the promise of a badly needed $40 million World Bank loan. Visiting U.S. industrialists, who have told González that they would be interested in investing in Chile if ever he got the best of his Commies, could watch the rapid climb of Chile's stockmarket last week and draw their own conclusions. Lota coal shares were up ten points in five days...
...Fleet Street friends for their lack of the common touch. Says he: "You don't like these people, do you? You're out of touch with the common people." But in politics Christiansen walks the Beaverbrook line. The Express attacks the Labor Government and considers the American loan a disastrous mistake. (Prodding mercilessly away in the background is the wily, exacting Beaver. Says he: "So you want to know what makes Sammy [Christiansen] run, eh? Well, I do.") One reader whose political views Christiansen has never swayed is his aged father, a retired shipwright. When Editor Percy Cudlipp...
British municipal elections came in for close scrutiny with an eye to possible effects on Congressional discussion over foreign aid, it was reported yesterday. There has been considerable debate of what their opponents call "Socialistic trends" in Europe, this having reached a peak during discussion on the British loan. Congressional criticism of political trends in Western Europe has been especially directed at the British government, with allegations that it has not been able to get the people to make a maximum production effort, regardless of its political color...