Word: payment
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...Post has stopped playing the "numbers game"-a trade term describing the practice of maintaining accelerated circulation at any cost. He also denied some of the rumors rising in the wake of Curtis' decline. It is not true, said MacNeal, that Curtis could not meet November interest payments on its debentures (no payment was due then), or that it would not even be able to redeem the debentures, i.e., repay the loans when due (not until...
Both Kennedy and Plank agreed that Betancourt is one of the most heartening figures in Latin America today. In running an anti-communist government that is eliminating corruption, "shouldering its responsibility with regard to the labor movement," and finishing payment of a two billion dollar debt, Betancourt is creating an image of democracy that will help to improve United States' relations with Latin America, Kennedy said...
...there was any connection between Tito's attack and approval of the deal but offered little positive explanation of the latest gift. The 500,000-ton shipment, worth about $30 million, will be sent to Yugoslavia as a surplus crop under terms of a law that provides for payment in local currency rather than in dollars. Under this law, Tito has already received some $64 million worth of agricultural commodities this year, raising his total haul in U.S. assistance since 1949 beyond the $2 billion mark-more than Belgium, Norway or the Philippines has received...
...shape ringing national issues. In the wheat-growing West, Prairie Lawyer Diefenbaker has made hay by swinging a $362 million grain sale to hard-pressed Red China. By devaluating the Canadian dollar last June, the Tory government has helped spur exports 4.8% and shave Canada's deficit-of-payment imbalance. Unemployment has dropped to 318,000 (4.9% of the labor force). But on the debit side, Diefenbaker has failed to show how his government intends to meet the new challenge of world trade-particularly that posed by Britain's expected entry into the European Common Market. The Tories...
...thereby causing prices to fall and Government surplus stockpiles to bulge. To induce the farmer to grow less, the program bribed him with subsidies: for cutting his normal acreage of corn or grain sorghums by 20%, the Government paid him 50% of the value of the forgone crop. This payment was made either in cash or in the form of grain taken from the surplus stockpiles, which the farmer could then sell or feed to his stock...