Word: borrowers
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Dates: during 1950-1959
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Learn Abroad. To organize the trip, Jaeger visited 13 countries beforehand, arranged to borrow local classrooms, found English-speaking native families to take in his students (hotels are shunned). He got the school chartered by the New York Board of Regents, hired four top teachers. Among them: Ohio State Botanist Clarence E. Taft and Journalist-Author Edgar (Red Star Over China) Snow. Jaeger put in $30,000 of his own money to make up the difference between tuition and cost...
...Cover) // you would know the value of money, go and try to borrow some...
...every account. Said Louis E. Corrington Jr., president of Chicago's Southmoor Bank & Trust Co.: "Right now, money is the tightest I have ever seen it. It will be worse after the steel strike is over and companies start building inventories and go to the banks to borrow." Said Russell H. Eichman, vice president of Cleveland's Central National Bank: "If the steel strike requires a slowing up of auto sales, that in itself will automatically ease the tight money situation." Said Scott L. Moore, president of the American National Bank of Fort Lauderdale, Fla.: "I think...
Such a proportionate increase will come, Bender explained, when agitation about student loans in America convinces parents that "it is as respectable to borrow money for college as it is to borrow money for a television...
Congress' refusal to raise the ceiling on the long-term end of the Government bond market has forced the Treasury to do all its financing in the inflationary short end. Between now and Jan. 1, the Treasury has to refinance almost $12 billion in old debt and borrow $7 billion in new cash. So much money borrowed in the short end has created a strong pressure to shove all interest rates higher. The process is already operating. Last week, as the 91-day bill rate went up to nearly 4.2% from 3.979% on the sale a week before...