Word: lent
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Dates: during 1950-1959
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...Under Secretary of State C. Douglas Dillon, on a flying trip to Europe, preached the need to end European discrimination against the dollar and for prosperous Europe to do its bit elsewhere. The U.S., having donated or lent $75.8 billion to foreign countries since 1945, could not bear the burden alone, nor could any single nation. ¶ Britain's Sir Oliver Franks, onetime ambassador to Washington, and now chairman of Lloyds Bank, coined a vivid, if not quite precise, name for the new need. Instead of a familiar East-West crisis, he talked of a North-South axis, proposed...
...remind Western Europe and Japan that the Marshall Plan days were long since over, Anderson last month took the dust-stirring step of announcing that henceforth dollars lent to underdeveloped countries by the U.S.'s own Development Loan Fund (outgo: about $550 million a year) must be spent in the U.S. Protests rang out that Anderson was dragging the U.S. backward with a protectionist "Buy American" program (TIME, Nov. 9). But Anderson's essential purpose was to force Western Europe and Japan into providing loans to finance their own exports to underdeveloped countries. He would be happy...
...hoopskirted, bare-shouldered, pink ball gown, she made the Violetta of Act I into a moving figure of feverishly hectic gaiety. As the opera progressed, the coquettish attitudes gave way gradually, until by the final act Violetta emerged as a woman of tragic stature. Throughout, the radiant, controlled voice lent a superb air of emotional conviction to the great arias...
...President's permission to cast a hard eye over next year's foreign-aid budget and audit the Pentagon's spending for overseas forces and bases. Last month Anderson gave U.S. policy a new dollar-saving twist: the U.S. announced that, with few exceptions, dollars lent in the future to underdeveloped nations by the Development Loan Fund must be spent in the U.S. (TIME...
...Republican Rockefeller a string of verbal hotfoots, then swiftly wrapping up Rocky's own point: the U.S. needs leadership to "tell the people the hard facts of existence that face us." All told, the deceptively boyish Kennedy drew ten rounds of applause in nine minutes, a rout which lent poignant irony to Rocky's smiling remark, made to a friend as he surveyed the influential crowd before dinner: "I'm just a sand-lot player...