Word: loans
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Dates: during 1950-1959
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...imperialism," Khalil goes right on negotiating with the U.S. When the Marines landed in Lebanon, he bluntly declared himself "overjoyed." Last week he defeated a parliamentary effort to reject U.S. technical aid, as a protest against the Lebanese landings. Several days later Khalil triumphantly announced a new $39 million loan from the World Bank for his country's railways and shipping...
...only time that you have been required to comply with the law has been under the present Administration?" Goldfine: "That is correct." Asked for details of how he got John R. Steelman, of President Truman's White House staff, to wrangle approval on a $12 million RFC loan, Goldfine relished the answer: "I was more at the White House at that time than I was since Governor Sherman Adams was at the White House...
Participation in the program has been held back by a general lack of information about it among businessmen. Even Congress sometimes appears to be in the dark. Last winter, Wyoming's Democratic Senator Joseph C. O'Mahoney at first confused the insurance program with the U.S. Development Loan Fund, which gives loans to foreign businessmen, then claimed that it was aimed at helping only big business. It is true that big business is the chief participant, but only because most foreign investors fall into that category. Program officials would like nothing better than to encourage-and insure-small...
...main topic of all stops will be the common-market arrangement that is gradually taking form throughout the area. The U.S.'s aid experts will inspect the fruits of past aid programs and discuss needs for new ones. Examples: the Export-Import Bank is considering a loan of $500,000 to the Honduran Development Bank, and the U.S. International Cooperation Administration may lend $1,700,000 for school construction in Panama. El Salvador, Costa Rica and Guatemala will want to talk about the troublesome world surplus of coffee...
...passenger cars are rolling again-in South America. In Argentina, Henry Kaiser this year expects to turn out 2,500 cars similar to his 1955 Manhattans. In Brazil, Kaiser's Willys Motors plans to produce 20,000 passenger cars a year by 1961, will get $2,500,000 loan from World Bank's International Finance Corp...