Word: aubrey
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Dates: during 1980-1989
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...setting is the fictitious country Cuyama, "a tract of land perched uneasily on the sloping shoulder of South America, a degree or two north of the Equator." Aubrey St. Pierre, whose once illustrious family grew wealthy with the aid of sugar-cane plantations and slave labor, harbors guilt and runs a bookstore; the Cuyamese citizens, whose culture he hopes to elevate, stay away in droves. Aubrey's wife Dina broods on her mixed Hindustani and Portuguese origins and roundly hates her native grounds: "Nothing worthwhile had ever been created on this sterile patch of earth perched on the edge...
Futility does not, as a rule, breed much suspense. And Trinidad-born Author Shiva Naipaul, 39, leaves little room to imagine that life in Cuyama will do anything but grow progressively worse. The interesting question in this novel, Naipaul's third, is not whether Aubrey's idealism will founder but what forms his disillusionment will take. Faced with a failing business and marriage, the hero hurls himself into the struggle to save the constitution...
...will be slightly stricter this year than in 1983. Its goal for M 1, the basic money supply, which includes mainly currency in circulation and checking accounts, will be 4% to 8%, down from 5% to 9% last year. Said David Jones, chief economist of Wall Street's Aubrey G. Lanston investment firm: "The Fed has thrown down the gauntlet to the Administration, saying, 'We will not monetize the deficit even if this is an election year.' " Volcker's resolve has dashed Wall Street's hopes that interest rates will soon fall...
...lure of guest suites for interesting visitors has prompted Mather House to refurbish its one suite this fall. "It definitely won't look like one of the students' rooms," says Anne Aubrey, assistant to the masters...
...Dreyfus financial group sees more records ahead. Said he: "I think you can expect to reach the 1275 level in the middle or the end of October." But some other seers were worried about large federal deficits and higher interest rates. Said David Jones, senior vice president of Aubrey G. Lanston & Co.: "I think the market has run out of steam and won't do much better than 1250, at least by the end of the year...