Installment buying reshaped American finance history
A history of installment plans for autos from WWI onward shows early fierce opposition by Nash Motors Ford economists and moral critics. Despite warnings, 1920s adoption grew with support from Calvin Coolidge and C I T Financial, which marked its 1000th North American branch in Painesville Ohio as debt-enabled prosperity expanded.
MENTIONED IN THIS ARTICLE
William L. Wilson
C.L.T. Financial Corp
C71.t
C.I.T
Henry Ittleson
Wilson
Charles W. Nash
Nash Motors
Henry Ford
Ford
Tom, Dick and
Harry
Calvin Coolidge
Ittleson
Painesville
Ohio
Editorial Ultimate TV lawyer The law's delay meets its match
An analysis of LEXIS a computerized legal research system from Mead Data Centeral Inc. The article explains how lawyers use it to locate and read case material quickly. LEXIS stores Supreme Court decisions federal appeals and district court rulings plus tax securities and corporate data. It adds 850 new decisions weekly and may reduce legal fees through efficiency.
MENTIONED IN THIS ARTICLE
Mead Data Centeral, Inc
LEXIS
U.S. Supreme Court
Federal Courts of Appeals
District Courts
California
Illinois
Kansas
Missouri
New York
Ohio
Pennsylvania
Texa
Mead
Jerome S. Rubin
Banks reassure on U S bank exposure to Third World debt
Six leading U S banks held about 12 billion in loans to 15 less developed nations at end of 1975, a figure representing roughly 5 percent of their assets. First City Bank argues most risk is manageable with diversified portfolios and possible IMF support, while critics warn defaults could disrupt global markets.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
United States
First National City Bank
U.S
LDC
Inernational Monetary Fund
First City
Today in History July 27 1976 highlights and events
On this date several historical milestones are noted including the 1953 Panmunjom armistice ending the Korean War, 1922 U S recognition of Albania Lithuania Latvia and Estonia, 1941 Japan's invasion of French Indochina, and other geopolitical shifts. Also features birthdays and a Thoreau quote with a Ninety Six reference.
MENTIONED IN THIS ARTICLE
Associated Press
Panmunjom
United States
Albania
Lithuania
Latvia
Estonia
Japan
French Indochina
Britain
Egypt
Suez Canal
Austria
Chicago
Richard Nixon
Nixon
Indonsia
U.S
South Vietnam
Nguyen Cao Ky
North Vietnam
Saigon
Retail sales rise as Conference Board cites gains
American retailers show strong figures with a 13 percent year over year rise in spending. After accounting for inflation, real spending increases about 8 percent. Durable goods lead with car sales up over 20 percent, while apparel and home furnishings rise around 8 percent from 1975 levels.
MENTIONED IN THIS ARTICLE
Conference Board
Lawmakers in Washington and Austin Reach Out to Texas
The document lists U S Senators John Tower and Lloyd Bentsen Jr and U S Representatives Richard C White Bob Krueger with district offices in Washington and regional Texas offices. It also notes Texas Senator Pete Snelson and Representative Dick Slack in Austin, plus M L Brockette as Commissioner of Education, and Woodrow Bean of El Paso as Pecos representative, all with contact addresses.
MENTIONED IN THIS ARTICLE
Washington
John Tower
Senate
D.C
Lloyd Bentsen Jr
Richard C. White
Rayburn
del Rio
New Braunfels
San Angelo
San Antonio
Austin
W.E
Pete’’ Snelson
Capital Building
Texas
Dick Slack
Pecos
5Th & Cypress
State Board of Education
M.L. Brockette
Texas Education Agency
E. 11Th St
Woodrow W. Bean
el Paso
Moynihan seeks Senate seat amid sharp tongue and work on rights
Daniel Patrick Moynihan, famed for blunt remarks and a varied career from White House adviser to UN ambassador, is pursued for a Senate bid. The piece recounts his confrontational style with interviewers, his advocacy for human rights and health programs, and notes an Ecuadorian visa protest highlighting U S diplomacy amid Latin America policy tensions.
MENTIONED IN THIS ARTICLE
Jack Anderson
Les Whitten
Washington
Daniel Patrick Moynihan
New York City
Hell’s Kitchen
Tufts
Harvard
Moynihanay
White House
Richard Nixon
Moynihan
Senate
Nixon
Harlem
Watts
Ford
United Nations
Jimmy Carter
New York Public Interest Research Group
U.S
Rhodesia
South Africa
Chris Aidan
Aidan
Henry Kissinger
Latin America
Latin America Often Gets Lost In the Paperwork. At the Same Time Kissinger
South America
Ecuador
Jose ©. Cardenas
State Dept
United States
Cardenas
America
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