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...Voted at long last to provide 2,000,000 tons of wheat to famine threatened India through a long-term $190 million loan. It tacked on an amendment that India may repay in raw materials, but if so must include monazite, a fissionable material. Opponents of the amendment pointed out that India has a law against exporting monazite, and besides the U.S. has substantial supplies of it. Unmoved, Illinois' Republican Lawyer-Senator Everett Dirksen cried: "Always get your fee while the tears...

Author: /time Magazine | Title: THE CONGRESS: Veto Overridden | 5/28/1951 | See Source »

...profits from, and must bear the losses of, business operations it conducts." Justice Reed rejected their argument, but voted with them anyway for a different reason. He held that the Government added to the labor costs "without legal or business necessity to do so," and should hence repay Pewee...

Author: /time Magazine | Title: Business & Finance: Pewee's Claim | 5/14/1951 | See Source »

...offered a compromise. Instead of an outright gift, the U.S. would lend India $190 million on easy terms to buy the necessary 2,000,000 long tons of grain. The terms would be left up to ECA (probably 35 years to pay at 2½% interest), and India could repay the loan in strategic materials such as monazite (a source of fissionable thorium), jute and manganese...

Author: /time Magazine | Title: THE CONGRESS: Goober v. Famine | 5/7/1951 | See Source »

...agonies of withdrawal at Lexington or at the similar P.H.S. hospital at Fort Worth, only to fall into the habit* again. Says Danny, whose downfall began with an earache 25 years ago: "I've been a burden to the Government most of my life. Now I can repay my debt...

Author: /time Magazine | Title: Medicine: The White Stuff | 5/7/1951 | See Source »

Nostalgic Elder Statesman Bernard Baruch, 80, class of 1884, turned up for the diamond jubilee exercises of Manhattan's Public School 69. For his free pencils, books and early education, said the Old Grad, "I owe an obligation to the City of New York, and I hope to repay it . . . Teachers, lay and religious, do the most for the community, and are the least recognized and the least paid...

Author: /time Magazine | Title: People: The Philosophic Mind | 4/16/1951 | See Source »

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