Word: loans
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Dates: during 1940-1949
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...Loan Funds May Be Used...
...still impossible for the veteran to pay before the next bill is delivered, the problem will be transferred from the Bursar's office to the Dean's office, where already overtaxed loan and aid funds will be brought to bear...
Boss Wyatt was the one who put the pot on the fire. He wanted RFC to lend up to $90,000,000 to eleven companies, some of which had never built houses, to build prefabricated houses and housing parts. Biggest loan would go to Chicago's Lustron Corp., along with a lease on Chicago's RFC-owned Dodge-Chrysler plant (TIME, Nov. 11). RFC's roly-poly George Allen said flatly: no. Most of the companies were putting up negligible security, might make as much as 14,000% profit if the loans went through...
...Conservative Telegraph's gossip columnist wistfully admired the slogan "Had enough? Vote Republican," and suggested that British Tories negotiate for the loan...
...biggest U.S. corporations, needed cash, Wall Streeters wondered how some of the less well-heeled companies were getting by-and when they would put out their hands. This week they got part of their answer: General Electric Co. announced that it had arranged for long-term loans totaling $150 million, a bank loan...