Word: banke
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Dates: during 1940-1949
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...School Belt. Tense with anxiety, the British Treasury's gloomy office in Great George Street tried to stop the "run on the bank." Chancellor of the Exchequer Hugh Dalton, whose toothy grin is almost inextractable, predicted that the run would slow down in August. He was wrong again. Prime Minister Attlee called a Cabinet meeting...
...Wilfrid Eady, bone-tired after a year and a half of financial negotiations with Canada, Argentina, India and Egypt, had been dispatched to Washington, along with other financial experts. Cameron Fromanteel Cobbold, Deputy Governor of the Bank of England, was vacationing in the south of France. Set in rapid motion by the crisis, he "dipped down" in Britain for a quick check with Whitehall and the Bank of England's headquarters in Thread-needle Street, arrived in the U.S. unshaven and with his old school tie (Eton's black with narrow light blue stripes) holding up his pants...
Washington talked comparable drivel. Experts there blamed the British for not foreseeing the "run on the bank." Washington's own overoptimism was dying hard. It still professed hopes of a freer trading world, based on the agreement which 18 nations had reached last week at Geneva. But nobody in Washington had a clear answer to this question: How was the world going to move toward freer trade until a businessman could once again walk into a bank and exchange one currency for another at a rate fixed by the operation of free markets...
...maiden, pocket-sized issue went to 4,000 white-collar girls-and used up all the subscription money they had paid in. To keep going, Betty went to a bank (for $1,000), to Dallas Oilman Harold D. Byrd (for $5,000 and a partnership), and to 90 Texans whom she invited to a free chicken dinner. With dessert she served a 45-minute speech, talked 45 of her guests into buying $8,600 worth of stock...
...goes blind. This sad fact was brought out last week at a Halifax inquiry into the collision of Canada's destroyer Micmac with the freighter Yarmouth County (TIME, July 28). The Micmac's radar scopes, said her crewmen, did not show the freighter, hidden in a fog bank dead ahead...