Word: rans
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Dates: during 1960-1969
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Warning from Treasury. Economist Norman Strunk, executive vice president of the United States Savings and Loan League, faulted the big banks for expanding their lending during May at an annual rate of 17%. "No wonder they ran out of money and had to raise their rate," he said. "While bank presidents have been publicly wringing their hands," added Strunk, "lending officers have been pouring gas on the inflation bonfire...
...year ago; when nothing happened, the results were skepticism and indifference. Then word reached the men of the U.S. 9th Infantry and 3rd Marine Divisions that some of them would be among the first 25,000 to be replaced by Vietnamese troops. Green second lieutenants and combat-toughened veterans ran through their unit areas, shouting and weeping for joy at the realization that, for them at least, the war would soon be over. "It's wonderful," said Specialist 4/C Charles M. Greene, 22, of Chicago, who was due for rotation in three days anyway. "I'm just sorry that...
...possibility of floating a new state bond issue, which would convert back into savings some of the money that has forced domestic consumption to record heights. As for his longer-range hope of bolstering the economy, he will undoubtedly try to restore a favorable trade balance-which last month ran a deficit of $312 million-by resisting excessive wage demands and encouraging exports through tax incentives or subsidies. He is adamantly opposed to devaluing the franc unilaterally, but has endorsed financial cooperation with France's partners; this may well result in multilateral negotiations later this year for a cheaper...
...fragmented Communist world, the Soviets also backed off somewhat from their earlier determination to wrest from the delegates an endorsement of the Russian stand against China and approval of the Soviet-led invasion of Czechoslovakia. Compared with previous Communist conferences, Moscow '69 was relatively open and candid. Pravda ran excerpts from the speeches, including those unfavorable to the Soviet viewpoint. There were daily briefings for correspondents. A Soviet-run press center distributed texts of the speeches, though some of the critical addresses were delayed for many hours for "technical reasons" and then were available only in very small numbers...
...censored faces in the street," she says. "You can almost see people saying, I'm not going to be caught feeling.' My figures feel right because they're all tied down. They may look frightening at first-after I had done a few, I ran out of my studio. Then I began to see how defenseless they were...