Word: loans
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Dates: during 1950-1959
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Announcing the permanent loan of a 19th century dress, Washington's Smithsonian museum casually dropped a small footnote to American history. In its statement, the Smithsonian said that the gown once belonged to Dolley (not Dolly) Madison, wife of the nation's fourth President, justified the spelling by recent research at the University of Chicago on the James Madison papers, proving that the famed White House hostess had indeed used the "e" herself. Among references due for a change: the Encyclopaedia Britannica, which calls her Dorothy, the Encyclopedia Americana, which lists her as Dolly...
...then all at once the education fund ran out. Desperate, he went to see Gielgud, who got him a tryout-and another and another. No luck. Gielgud had nothing left to offer but a loan. Alec was close to starving. He had eaten nothing but a green apple, a bun and a glass of milk in 24 hours. His last pair of shoes were so far gone that he was walking the streets of London barefoot to save leather. But he refused the kindness and tottered out, weak with hunger...
...being poor, of being too poor to shoulder the white man's burden or to compete with first-class powers in providing aid for uncommitted countries." Best of all, when a second-class nation needs help, it can declare itself uncommitted: "Response is prompt. The West suggest a loan of countless dollars repayable over two thousand years: the East offer the free labor of twenty million skilled Siberians. Second-class powers can hardly wait for China to become fully first-class. Three sources of foreign aid are better than...
...Khrushchev, China's Chou Enlai, CBS this week added President Gamal Abdel Nasser of the new United Arab Republic. Well-tailored and suave, speaking in near-perfect English (though he kept saying "freezed" for "froze"), Nasser discussed his plans to visit Moscow this month, and announced a Russian "loan" of 25 factories that will be set up in Egypt. Under hard-hitting questioning by CBS Cairo Correspondent Frank Kearns, Nasser composedly kept returning to a pat explanation for Egypt's antagonism toward the U.S. and its allies: "We are defending ourselves" against "hostile action." For CBS, the filmed...
...weeks after it began trying to diagnose U.S. railroad ailments, the Senate Surface Transportation Subcommittee wound up hearings last week with 2,356 pages of symptoms. Indicated cures: repeal of the wartime 10% passenger excise tax and 3% freight levy; a possible new Government emergency loan fund to help the roads meet soaring maintenance-labor costs; a faster tax write-off period on new equipment by cutting present depreciation rates from 40 years to 20. The subcommittee feels that these changes are politically possible, hopefully expects legislation to bring them about by July...