Word: banking
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Dates: during 1950-1959
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...Federal Government would rent entire farms for long periods, take the land out of crop production and put it to "such uses as reforestation and conservation." As a "start," Rockefeller urged retirement of some 30 million acres in addition to the 20-odd million acres already in the soil bank's conservation reserve. To supplement the land-use program, Rockefeller proposed a rural "job-opportunity program" to help low-income farmers make the switch to nonfarm jobs...
...other policemen surrendered. Disarmed and searched, the Indians were ordered to carry the body of the one Chinese soldier who had been killed, as well as a wounded Indian constable named Makhan Lai. After a short march, the Chinese guards insisted that Constable Lai be abandoned on a river bank. He has not been seen since...
...Japanese had rebuilt their country so fast that they had been able to send $1.2 billion worth of investments overseas (including a Bank of Tokyo branch in Los Angeles), and had become a creditor instead of a debtor nation for the first time in history...
...business are on the rise, consumer credit is climbing fast. Britain removed its credit restrictions in late 1958 and watched consumer debt jump 50% in 1959; France had no credit to speak of ten years ago, now counts more than $400 million. Another symbol of the changing approach to banking: Belgium's Bank of Brussels installed a drive-in window for depositors...
MEMOIRS OF A DUTIFUL DAUGHTER, by Simone de Beauvoir. France's existentialist termagant. Jean Paul Sartre's first lady of the Left Bank cafés, is at least as candid as she is philosophically stubborn. Her memoirs of girlhood owe most of their charm to the surprising fact that her origins were Catholic, her upbringing puritan. She describes all this with considerable grace, ends with a conversion to Sartre's atheism which seems from her own testimony to be just another straitjacket, but one she can wear with arrogance...