Word: loans
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Dates: during 1940-1949
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Marshall had told the Congressmen that the U.S. would have to step in immediately with a loan of $250 million for the rehabilitation of Greece's ports, railways, bridges, for the purchase of industrial and raw materials to bolster Greece's economy, and for the support of a British garrison already there. The U.S. would not send soldiers. But the U.S., besides financial aid, must supply economic and military advice and full moral support. The Congressmen knew the alternative: expanding Russia would take over...
Without much hope, the Chinese Government was pressing hard in Washington for release of the $500 million Export-Import Bank loan, which has long been earmarked for China. In Nanking T. V. Soong tried to persuade UNRRA's fast-talking Deputy Director General R. G. A. Jackson to drop UNRRA's present relief program and instead to procure 1,000,000 bales of cotton and 200,000 tons of cereals for sale on China's open market at fixed prices...
President Miguel Aleman was sure to raise the subject of an Export-Import Bank loan-possibly as much as $400,000,000-to make his ambitious new program of irrigation and industrialization stick. But that would take time, and there were no experts in the Truman party of seven. Perhaps when Aleman came north to repay the call in April the two men would be more ready to talk...
...board denied that T.W.A. intended to give up its international routes. But it would be touch & go to keep flying until Hughes wangled the $40,000,000 RFC loan he was after (TIME, Feb. 24). Meanwhile, Hughes had promised to put $10,000,000 into the line, had turned over half of it. But in the first three months of this year, T.W.A. stands to lose some $3,300,000. And T.W.A. would probably not get the second $5,000,000 from Hughes until May. No flier liked to come quite that close to the trees...
...Clement Attlee will not be forced to decline the offer in face of greater need elsewhere. And if western Europe can be bound into an economic self-sufficiency only by efficient English production, the Welsh and Sussex mines must be brought out of the 19th century. A further British loan, according to Washington pollsters, might be acceptable to Congress if the British matched this helping hand with a little self-help in the form of repatriating some of the 100,000 working men who daily contradict British need by their presence in Palestine. With London finally squaring...