Word: repays
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...baby issue - Boeing Airplane Co., which has given balding, brusque & burly President Philip Johnson plenty of grief as a result of its costly development of four-motor planes, is $4,740,000 in hock to RFC. Of 360,979 shares offered stock holders at $16 a share (mainly to repay the loan), last week 88,248 were still un subscribed and went on public sale. The stock was quoted on the market at 15 and a fraction, but some individual syndicate members were offering wholesale blocks of it at 15, even 14, finding no takers...
...waiting will afford many jobs for those who need them, and may reduce the board rate appreciably. But again, it may be prejudicial to the democracy that the House Plan is meant to foster. It may be putting too many student into routine, time-consuming jobs that will not repay the energy spent in them. The possibility that NYA aid, if accepted by the University, could offer better jobs must also be considered...
Present Nazi rulers know that their people once bitten are twice shy. If Germans ever find their marks are worthless the Nazi regime may not long survive. So the Nazi Government, which has also run up an internal debt that it can scarcely hope to repay, this time has done so by forced loans and a thousand other expedients, but not by printing money. And yet Germans are beginning to have doubts about their money...
...fact that privately-owned boarding houses, where most graduate students now live, are making profits. The University, it is urged, should liquidate enough securities to pay for the erection of graduate Houses. Profits from rentals of rooms in these buildings would be placed into a sinking fund sufficient to repay the capital and interest. The net effect of the proposal is thus that, instead of holding railroad or public utility bonds, the University would be investing in housing. The Graduate House Plan would come into being without the necessity of any increase in present University endowments, or of any decrease...
Although the mission were too humiliated to know it, they did serve a purpose. Their presence in Rome was the occasion for a realistic suggestion from Tokyo: Japan, Italy, Britain and France ought to repay the bad faith of their erstwhile friends, Germany and Russia, by banding together to end the Hitler-Stalin plot for "Bolshevization of the world." These wooden words were put in the mouth of poor old Puppet-elect Wang Ching-wei, the Chinese ventriloquist for Japanese policy...