Word: loans
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Dates: during 1950-1959
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...West Coast. He quit school after the seventh grade, made his first money selling pictures of the San Francisco earthquake of 1906. He learned mechanics as a grease monkey in a garage, later set up his own earth-moving and contracting business at Stockton, Calif, on a loan of $4,500. In 1931, he lost $32,000. Next year he switched to making scrapers, bulldozers, cranes, etc., and made his deal with God. His 1932 net: $52,000. LeTourneau, who comes from a deeply religious Plymouth Brethren family and whose two sisters were missionaries to China, turned over his stock...
...speech to the convention), is favoring legislation giving witnesses at investigations a better break. He has also been active in Senate investigations of Government corruption, and publicly called for the resignation of Republican National Chairman Guy Gabrielson when Gabrielson was accused of using his influence to get an RFC loan for a company of which he is president...
...President proclaims publicly in the bleak tones of a bank examiner: "Our relations with Russia are friendly." In private he says wistfully, "Finland is a Western nation." Finland refused Marshall Plan aid on the ground that that would be entering an alliance against Russia, but it accepted a U.S. loan. When a newsman remarked that this was a pretty fine distinction, Premier Kekkonen replied: "Well, we live on fine distinctions." A Finnish reporter recently described his country's new, elongated currency as "dollar-type," referring only to its size and shape. His editor blue-penciled the phrase...
...their finger in the credit pie, Jarrell sold hundreds of banks and finance houses on the idea of offering an Old Republic policy every time they made a loan. Old Republic went after loans of $1,000 and less, while other credit houses and companies preferred to stick to bigger loans. To cover every situation, Jarrell offered two types of credit life insurance. Under the first plan ($1 a year for every $100 borrowed), the balance of the loan still outstanding at death is paid off; under the second ($2 a year per $100), the loan balance is paid...
...chief architects of the hand-to-mouth Israeli economic policy; of a heart attack during a vacation trip; in Genoa. Russian-born, he migrated to Palestine in 1923, after playing an active part in Zionist affairs in Russia and Czechoslovakia. In 1937 he negotiated the first international loan made to Zionism-a ?2,000,000 grant from Lloyds Bank of London...