Word: loans
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Dates: during 1950-1959
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Representatives from 135 New England colleges met here yesterday for a government sponsored series of workshops on the operation of the new National Defense Student Loan Program, Wallace McDonald '44, Director of Financial Aid, reported last night...
...inherently good company back in shape." But SEC insisted that the only way to achieve that was for F. L. Jacobs to be placed in the hands of a court receiver. Charged SEC: Jacobs Co. assets were being "dissipated, misused and alienated," and Guterma was "deliberately walking out" on loan obligations he backed with Jacobs Co. stock. This ploy, alleged SEC, forced the moneylenders who had accepted Jacobs stock as collateral for loans to sell it to regain their funds...
...current American policy, is not a series of emergency measures that can be halted tomorrow or the day after, should the Russians discontinue their "economic warfare," but is a systematic response to a deficiency in the world's economy. Senator Kennedy, in his plea for a "revitalized" Development Loan Fund administered by the State Department with enough capital for long-term operation, although a constructive suggestion, does not go far enough...
...unlike the IBRD, would operate on a local currency basis--a loan to India, for example, might consist of francs for French concrete, guilders for Dutch engineers, and rupees for the local labor. India would repay, at low interest over a long period, in rupees, which in turn would later be used by the Authority to purchase Indian goods and services, thus providing a double boost to India's economy...
...library will have twice the shelf space necessary at present, thus allowing for expansion. Eventual plans may include special rapid loan service, a closed-circuit television system, and novel centralized cataloguing, Esterquest said that the lighting plans and study-stalls in the new building will be like those in Lamont...