Word: funding
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Dates: during 1950-1959
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...this rosy chorus of economic expansion, the one dissonant note struck last week came from Vance Brand, director of the U.S.'s Development Loan Fund. Henceforth, in granting aid to foreign countries, announced Brand, the fund will "place primary emphasis on the financing of goods and services of U.S. origin." From now on, in other words, the Development Loan Fund is going to demand that its aid dollars be spent in the U.S., even if the same products are available more cheaply elsewhere...
...Radcliffe Development Fund Conference rounded out its two-day schedule last night with a dinner in Radcliffe's Comstock Hall. Wilbur K. Jordan, president of Radcliffe, spoke briefly to the group of 150 Radcliffe fund raisers...
President Jordan expressed appreciation for the strong support given the fund drive by graduates, whom he described as a "great and abiding esource." He reported that the college is building its assets more quickly than it had expected...
...Edward S. Stimpson, Alumnae President, introduced President Jordan. Forty-five out-of-state delegates attended the dinner, as well as representatives from many Massachusetts Radcliffe clubs. The program for the fund-raisers started Thursday morning, and has included conferences about the Development Fund and tours of the college...
Bender predicted that the loan fund, which has grown by 1000 per cent since 1949, "might double in the next ten years." Scholarship grants, he forecast, would increase to a lesser degree...