Word: loans
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Dates: during 1940-1949
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...controls was only one more in a series of Administration disasters in the current Congress. Through every storm Alben Barkley had been plunged into the heroic task of guiding colleagues no longer inclined to be led. Last week he continued the relentless watch he had stood over the British loan, Selective Service, the atomic-energy bill and a host of favored Administration causes...
Michigan's round Jesse Wolcott, leader of the Republican pro-loan bloc, corralled an unexpected 61 G.O.P. votes for the bill in the final tally, which showed a split in the ranks of both major parties...
...victory had many facets. He had come back from defeat in the Nebraska primary (TIME, June 24). He had increased his prestige enormously within the Republican party. He had proved that the voters of traditionally isolationist Minnesota were willing to listen to his pro-U.N., pro-British Loan brand of internationalism. Said he: "A decisive victory for a progressive Republican policy...
...returned diehard isolationist Bill Langer to the Senate. And in Minnesota isolationist Congressmen had been renominated, in contests where Stassenism was not a factor. The defeat of Henrik Shipstead caused scarcely a ripple in congressional cloakrooms, changed no votes in the battle in the House over the British Loan (see The Congress...
Last week Chancellor of the Exchequer Hugh Dalton triumphantly announced that Britain's own 2½%, 21-year domestic loan of ?415 million had been oversubscribed...