Word: loans
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Dates: during 1950-1959
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Refusing to accept Federal funds under a "loyalty oath" provision while mouthing platitudes on academic freedom, the Trustees of Amherst College last week rejected a $1340 grant received under the student loan program of the National Defense Education Act. Their action dramatizes wide-spread objection to the clause requiring every loan applicant to file an affidavit that he "does not believe in, and is not a member of and does not support any organization that believes in or teaches, the overthrow of the U.S. government by force or violence or by any illegal or unconstitutional means...
...plot entangles the private and professional lives of seven women working at a place called Dreamland. Among them are Mickey, a gum-chewing spend-thrift running away from a sordid home, Yasumi, a loan shark who finally claws her way out of the business, and Yori, a weakling who despises prostitution but cannot stay away. Against a background of neon lights and haunting music, these women suffer, cheat, show flashes of compassion, and dream about escape. One who originally sold herself to support her son goes insane when the son renounces her. Another drives her tubercular husband to suicide...
...Seymour Harris says loan, loan, loan...
...this plight, Franco has looked abroad to the International Monetary Fund for an urgently needed loan. But an IMF team sent to investigate the Spanish economy is expected to report that before qualifying for a major loan Spain must agree to throw less money away on the building industry, devalue the peseta, eliminate multiple exchange rates, possibly open its doors to foreign investment...
...Strength of a Saw. Whether proud Francisco Franco will agree to such painful reforms is questionable. But even if he does not get the IMF loan, he is confident that the U.S. and other anti-Communist powers will not stand by and let his regime succumb to economic disaster. And despite all the grumbling among his people, Franco believes that their vivid memories of the bloody days when brother killed brother in Spain will keep them from open revolt. After 20 years in power, Franco's one great strength with his countrymen lies in the old Spanish saw: "Better...