SBA admits one third of its loans could come from banks
The SBA acknowledges after an internal review that about one in three of its loan recipients could have obtained financing on reasonable terms from private banks. It proposes raising bank interest on SBA portions to attract more private lending and conserve funds. The criticism holds the agency is not fulfilling Congress’s intent to assist those unable to obtain private funding.
MENTIONED IN THIS ARTICLE
Small Business Administration
SBA
Eugene Foley
Congress
Birthday Anniversary of the Constitution in 1787
The Constitution adopted September 17 1787 marks 178 years as one of history’s oldest foundational documents. It established a durable government, forged by debate and compromise to form a more perfect union with liberty and justice for all.
MENTIONED IN THIS ARTICLE
United States
Gradual steel price changes seen after labor pact
Washington observers say steel prices will rise slowly after the new labor-management agreement. Firms will survey costs, wages, and imports for months, with selective increases likely as industry tackles inflation, production plans, and market reactions.
MENTIONED IN THIS ARTICLE
Washington
Can
United States
Japan
Europe
America
Most Exciting Picnic Leads to Jail Terms at New Market
A Saturday picnic at New Market ended with four Montgomery County men detained in Frederick county jail awaiting trial before Justice Taylor. County officials plan more arrests as investigations continue. The event closed with a Gallian Fisherman Hall dance where a fight broke out over unpaid ice cream. Separately, John D Rockefeller received the grand cross of the Order of Saint Sava for relief work by the Rockefeller Foundation in Serbia.
MENTIONED IN THIS ARTICLE
New Market
Frederick County
Taylor
Montgomery County
Order of St. Sava
John D. Rockefeller
Rockefeller Foundation
Serbia
Peters Buy Braddock Heights Tract With Hotel Ruin
Mr and Mrs Gerrit Peters of Frederick have purchased a six acre Braddock Heights site that once held the Braddock Hotel destroyed by fire years ago The lot sits overlooking the main line near the junction and was sold by M J Croghan and R E Delaplaine for 3000 The Maryland Pythian Sisters state convention opens here with delegates arriving Monday The Francis Scott Key Hotel serves as convention headquarters
MENTIONED IN THIS ARTICLE
Gerrit Peters
Frederick
Braddock Heights
Braddock Hotel
M. J. Croghan
R. E Delaplaine
State Convention of Maryland
Pythian Sisters
Pythian Castle
Francis Scott Key Hotel
Autumn Musings and a CEF Letter to the Editor
A reader defends Child Evangelism Fellowship against charges of interdenominational stance noting advisory board diversity. The writer argues CEF’s evangelical core and Bible-based faith, including belief in inspiration and salvation through Christ, guides their work with children. A companion letter from Carroll L Boyer previews CEF’s signed Statement of Faith, affirming Scripture as inspired by God.
MENTIONED IN THIS ARTICLE
CEF
Child Evangelism Fellowship
Good News Club
Christ
Lord
God
Jesus
W. D. Crankilton
Magnolia Avenue
Frederick, Md
Carroll L Boyer
Good Shepherd Lutheran Church
Sept. Post
Christendom
Doctrinal Statement and Community Concert Note
A religious doctrinal summary asserts the Trinity, the deity of Christ, the Holy Spirit, salvation by faith, the church as believers, and the final judgment. It is followed by praise for Frederick Community Concert Association leader Mrs Leatherman and details of the group’s membership campaign, plus a letter opposing the Vietnam War from Woodsboro citing prominent signatories.
MENTIONED IN THIS ARTICLE
Leatherman
Frederick
United States
Also Mentioned on This Page
Washington Today
David Lawrence
News-Post
Browning
Jesus Christ
Adam
Heaven
Lord Jesus Christ
Satan
Frederick County Committee
J. Stuart Nall
Community Concerts Inc
West 57Th Street
New York, N. WW
Sirs
Vietnam
U.S
John C. Bennett
Albert Schweitzer
Woodsboro
Berry's
Hower
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