Word: loans
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Dates: during 1950-1959
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...bill so excessive in the spending it proposes, and so defective in other respects, that it would do far more damage than good." Specific objections: an "excessive" $900 million for urban-renewal outlays coupled with a cut in the share borne by local governments, a brand-new direct loan scheme to build homes for the aged, subsidized loans to build college classrooms, looser requirements on certain classes of FHA loans. In sum, the bill carried an "inflationary" total of $2.2 billion spending obligations telescoped into two years, which, the President wrote, would "drive private credit from areas where...
...subsidies to put a stop to subsidy millionaires, but in the final maneuvering it was raised from $50,000 per farmer to $50,000 per crop. ¶ The Senate overrode a favorite project of Foreign Relations Committee Chairman Bill Fulbright (and the State Department): putting the Foreign Aid Development Loan Fund on a five-year basis by the device of borrowing $1 billion annually from the Treasury. In mid-debate. South Dakota Republican Francis Case casually made a point of order: Wasn't this provision circumventing the Appropriations Committee, which should approve all such spending schemes? Republican Leader...
...Jackie ("She wanted to come." deadpanned Millionaire Kennedy, "but we couldn't get a baby sitter"). Di Salle hurried him upstairs to a guest bedroom. There they were joined by Ohio Democratic Chairman William L. Coleman and Kennedy's new strategist, Connecticut Democratic Chairman John Bailey, on loan from Connecticut's Ken nedyite Governor Abraham Ribicoff...
Obsession. The Communists have so far not tried to impose Chinese people's communes on North Viet Nam. But less than 20% of the peasants have joined government-sponsored cooperatives, and the party magazine, Nguyen Dam, berates the farmers' "obsession to produce individually." Despite a Soviet loan of 100 million rubles. North Viet Nam's three-year plan (1958-60) is lagging...
...code of sorts. He believes that arty ends justify ratty means. Setting up his easel on Rome's Spanish Steps, he sketches the pigeons until the inevitable tourist sucker expresses interest. Eventually, the painter cadges a meal at the Caffe Greco, or his rent money, or a small "loan" to tide him over till the next patron of the arts appears...