Word: rfc
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...sheets. All Lustron needed for the job, said Strandlund, was a little help, such as the Dodge plant and a loan from the Reconstruction Finance Corp. of from $32 to $52 million. Lustron was willing to invest as much as $36,000 of its own money to get the RFC loan...
There, with the blessing of the Department of Interior and the backing ($3,750,000) of RFC, the privately operated Explorer and its trawlers will conduct an important experiment. It hopes to prove that U.S. fishermen can replace the Japanese who, prewar, caught and processed 66% of the world's tuna in their floating canneries, virtually monopolized the $8-million-a-year catch of the Bering Sea's huge king crabs. The Explorer will also find out if Russia will, like Canada, respect international conservation regulations, or, like Japan, flout them...
...ship, the Explorer's operator has guaranteed to pay RFC $50,000 or 55% of the profits, whichever is larger...
...accompanied by four close cronies-plump, beaming RFC Director George Allen, Secretary of the Treasury John Snyder, Presidential Adviser Clark Clifford, and Theodore Marks of Kansas City, who had been best man at his wedding 27 years ago. He had only an irreducible minimum of White House aides. Twenty-three reporters and cameramen were isolated well astern in an escort vessel, the destroyer escort Weiss. As the yacht headed downriver under a grey, drizzling sky, Harry Truman stretched, left his guests and strolled off to his stateroom...
More cautious than the committee, Congress, before it went home a fortnight ago, voted to limit RFC's lease on life to June 30. By that time it hopes to make a complete investigation on its own of the agency's operations...