Word: loans
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Dates: during 1950-1959
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...been heading toward the big change for the past two years. In 1951, Grace bought 16% (later upped to 20%) of Baltimore's Davison Chemical Co., and this year got its fingers in the Dewey & Almy Chemical Co. of Cambridge, Mass, with a $2,000,000 loan. Grace has also started two new big chemical plants in San Francisco, the Naco Fertilizer Co. of California and the Grace Agricultural Chemical Division, to process and sell bug and weed killers...
...committee's general recommendations: 1) a housecleaning in the G.I. loan program itself; 2) strengthening of laws to give the V.A. authority to supervise contracts between builders and G.I. buyers, and to enforce minimum planning standards before granting loans...
...loan. The $300 million, to be spent over five years, which Stalin promised Mao Tse-tung 2½ years ago, is evidently not enough to carry...
...holds a third of the world's known deposits of manganese. Three years ago, Bethlehem Steel surveyed the manganese-rich Amapá territory near the Amazon's mouth, drew up plans for a 140-mile railroad and a dock, arranged to seek a U.S. Export-Import Bank loan, and hoped to produce $50 million worth of manganese a year. To date, Brazil's nationalists have refused to give the go-ahead signal. At the Urucum manganese mine near Corumbá, on the Bolivian border (which could produce an estimated 500,000 tons annually, earn $20 million...
...contemporary paintings get less contemporary, U.S. museums are finding room on their walls for more & more of them. In Colorado Springs last week, the Fine Arts Center was showing its regular biennial loan exhibition, "New Accessions, U.S.A.,'' made up of modern canvases acquired by 33 U.S. museums...