Word: resorters
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Dates: during 1950-1959
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Storms Ahead. Even so, there are still plenty of storm warnings ahead. To rebuild, the major shipping companies had to resort to short-term loans from commercial banks (with interest as high as 11%) and government loans. Furthermore, shipping rates, which were boosted sky-high in 1950-51 by the Korean war, have dropped down again, and shippers expect a further slide. Warned Shimpo Asao, president of Nippon Yusen Kaisha, one of Japan's biggest shipping companies: "The future is very dark. Until world trade begins expanding there is not much hope for further recovery . . . more Japanese ships will...
...weeks ago Aneurin Bevan did his best to persuade a rabidly divided Labor Party conference at Morecambe that the U.S. was deliberately goading Britain into war and bankruptcy (TIME, Oct. 13). Last week, at the Yorkshire beach resort Scarborough, Winston Churchill assured a conference of 5,000 Conservatives that "the foundation of [British] foreign policy is a true and honorable comradeship with the United States...
Colgate could, of course, appeal for money to the Government, but it is determined to do so only as a last resort. Instead, under the leadership of President Edward N. Case, former assistant dean of the Harvard Business School and successor to President Conant as chairman of the National council on Education, Colgate has banded together with other small colleges of New York State in a unique money raising pool called the "Empire State Foundation." Appealing to interested businesses and industries, the fund hopes to extract a million dollars a year with no strings attached. It is too early...
...Rhine. The editor boasted that he personally sent Kühn a change of clothes, including a pair of shoes Editor Nannen had purchased in New York while on an exchange visit financed by the U.S. State Department. Moreover, he knew where K¶hn was hiding-a resort island in the North Sea where he was being lionized as a hero and bought all the free beer he could drink. Editor Nannen dared the British to arrest him as an accessory...
Then one day King Alfonso XIII visited a beach resort near Santander, and Father Jesus appealed to him. The King visited the caves, admired the drawings and heard Father Carballo discourse on their antiquity. In 1924 the King financed a board of archaeological research, with Father Jesus as technical adviser...