Word: loans
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Dates: during 1950-1959
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...separately, not spread thin among the museum's other masterpieces. The offer was refused. So, soon after the war, Gulbenkian packed up his 30 pictures, added ten more masterpieces to make the parcel even more attractive, and shipped it all to Washington's National Gallery, on a loan basis...
Expansion will also create new problems in financial aid. Even now the College has to pay $400,000 a year out of the free funds of the Faculty of Arts and Sciences in order to meet the requirements of its vastly increased scholarship and loan program--a program that amounts to about $1,850,000 annually. This $400,000 expenditure means less money for faculty salaries and other needed projects. To relieve this situation, the Program for Harvard College hopes to raise $4 million for increased financial aid endow ment. Even with these extra funds, however, the scholarship and loan...
Also at the Fogg is the Pulitzer Collection of Modern Art, currently on a special loan to the Museum. Members of the Fogg staff will conduct tours today, tomorrow, and Wednesday...
...LOAN-RATE BOOST is being urged by President Eisenhower so that federal agencies will charge as much to lend money to public as Treasury pays to borrow it. But Administration's plan will run into congressional trouble because many beneficiaries of low rates are lobbying hard against it, e.g., National Rural Electric Cooperative Association, which fears plan would raise REA loan interest from 2% to going Treasury long-term loan rate...
After Gray claimed executive privilege, refusing to say whether the White House influenced him in giving Idaho Power what amounts to an interest-free loan for five years, Interior Secretary Fred Seaton testified. He said that he had been against the write-off from the start, that Idaho Power did not need the tax break. While Seaton conceded that Gray's action was legally correct, "I reiterate that I did recommend against issuance of the certificates and would do so again...