Word: mcnamara
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Dates: during 1970-1979
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...Third World's case was made most passionately by World Bank President Robert S. McNamara. In a long address, McNamara spoke eloquently of a need for more aid to a largely unseen population of "severely deprived human beings struggling to survive in a set of squalid and degrading circumstances." McNamara urged wealthy countries to increase the World Bank's capital (presently about $40 billion) and annual lending capacity ($5.8 billion...
...Treasury Secretary William Simon was even more blunt. Simon, who has feuded before with McNamara over his expansive management of the World Bank, noted that oil-importing countries face a $50 billion balance of payments deficit next year. Asserting that "a substantial number of countries have preferred to delay adjustment to higher oil prices and borrow abroad to finance consumption," Simon warned that from now on "world demands for capital will be massive and competition fierce...
...Richard McNamara, the city's purchasing agent, said yesterday at the meeting that the city had procured all the saws and sledgehammers needed to clean the streets of felled trees and downed power lines...
...achieved through two Jane McNamara goals...
...best play of the night," Hendricks said of the goal which was set up by a pass from goalie Winnie Lee to Hendricks, who in turn fired the ball to McNamara. The latter's eight-yarder found the mark...