Word: back-door
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...Back-Door Devaluation. The West German mark and Dutch guilder were allowed to float-find their own value in free trading. By week's end the mark had floated up 3.7%, to 28.3?, and the guilder had risen 2.2%, to 28.2?. Two other currencies were formally revalued: the Swiss franc went up 7%, to 24.46?, and the Austrian schilling 5%, to 4.04?. Belgium adopted a perplexing two-price system for its franc, maintaining the old value of 2.01? on export-import dealings and letting the rate float on investment and loan transactions; at week's end the free...
Princeton's Brian Taylor, who plagued Harvard during the entire game, followed with a back-door lay-up, and Bill Kapler tallied a free throw to make Princeton's lead...
...over the architectural plans: while Columbia intended to make part of the gym exclusively available to Harlem youngsters, it blundered by providing for a rather grand entrance opening on to the campus and a separate, less conspicuous one, facing Harlem. Negroes seized upon the gym as a symbol of back-door paternalism...
...bourbon drinker who does not like the setup is Governor Paul Johnson. Last week he urged Mississippians to repeal the prohibition law. The hypocrisy of their back-door drinking habits, he told the legislature, makes Mississippians the "laughingstock of the nation." Said Johnson: "It is high time for someone to stand boldly in the front door and talk plainly, sensibly and honestly about whisky, black-market, taxes, payola, and all of the many-colored hues that make up Mississippi's illegal aurora borealis of prohibition...
Died. Lieut. General Alfredo Guzzoni, 88, one of Italy's most decorated soldiers, who led Mussolini's troops to victory in Albania in 1939, directed Il Duce's back-door attack on France in 1940, ignominiously ended his career in Sicily in the 1943 Allied invasion; of bronchial complications; in Rome...