Word: loans
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Dates: during 1950-1959
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...university which establishes a definite policy for administration of the affidavit, Byse asserted, infringes on the individual student's freedom. "If I, Sam Student, would be willing to take an oath to get a loan, who are you, Mr. Administration, to interfere with my decision?" he asked, showing part of the problem...
...over next year's foreign-aid budget and audit the Pentagon's spending for overseas forces and bases. Last month Anderson gave U.S. policy a new dollar-saving twist: the U.S. announced that, with few exceptions, dollars lent in the future to underdeveloped nations by the Development Loan Fund must be spent in the U.S. (TIME...
Last week booming Northland received a distinction presently unmatched by any other four-year liberal-arts college. Courtesy of General Dynamics, it will soon have a $250,000 atomic reactor, along with famed Physicists Edward Teller and Frederic de Hoffmann on loan from time to time to lecture in a new $1,000,000 science building. With an additional $10 million endowment in the offing (all earmarked for teachers' salaries), Northland faces an even rosier future. Says go-getting President Turbeville, who has turned down industry offers at more than double his $15,000 salary: "In ten years...
Last week the Federal Reserve Board announced that in September outstanding consumer credit rose to a record high of $48.4 billion. New loans are well ahead of repayments, but this is usual during a period of credit expansion, just as repayments outran new loans during the recession. Of the loan total, $37.5 billion was installment credit, an increase of $485 million over August. While this was the smallest monthly increase since last March, installment credit this year is expected to rise about $6 billion v. a $5.4 billion increase...
...quarter, the Kaiser shipyards went on to build more vessels than any other shipbuilder during the war. At the same time, the Kaisers also had their first run-in with the steel industry, when they announced plans to build their Fontana steelworks on the West Coast with an RFC loan. Despite the industry's opposition, Kaiser built the largest steel plant west of the Mississippi (in ingot tonnage), paid off the Government loan 20 years ahead of time...