Word: repaying
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Dates: during 1960-1969
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...Association (IDA) got under way last week and immediately ran into the familiar experience of seeing other nations avert their gaze when the plate was passed. Conceived as a soft-currency adjunct to the World Bank, in which underdeveloped nations may borrow dollars and other hard currencies but can repay in a variety of nonconvertible currencies such as rupees or drachmas, IDA originally was to start with $1 billion in capital. Though the U.S. dutifully subscribed its promised one-third-$320 million-in full, other nations fell short, and IDA last week began with a capital of only $686 million...
...proud Chinese are making prodigious efforts to repay the Russians for their aid and to free themselves of their need for it (officials "hope" they will be self-sufficient in machine-tool production by 1970). They keep their Soviet technicians apart in a suburb of Peking and forbid their own students in Russia to marry or keep company with Russians. They make the most of their sheer numbers. In the China Quarterly, Professor Robert C. North of Stanford University tells of talking to one gloomy Soviet engineer who had worked out the possibilities as neatly as a chess problem: "Suppose...
...chamberlains like his father. Thereupon the seven chamberlains urged postponement of Akihito's trip until well after President Eisenhower's visit to Japan in June, "to prevent members of the imperial family being used as a political instrument." Besides, they said, the Crown Prince should first repay visits from Ethiopia's Haile Selassie and Iran's Shah. Last week, blandly ignoring earlier pledges of a U.S. trip in May, the inflexible chamberlains declared that "the Imperial Household Board will work out its own plans for an autumn overseas tour" by Akihito, "independent of any political considerations...