Word: betweeners
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Dates: during 1940-1949
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A Straight French Face. The high commissioners disagreed. The battle between them began on the Petersberg, then shifted to the U.S. headquarters at Frankfurt. Unresolved, it was transferred by plane to Berlin, where the commissioners had a date to attend a Yehudi Menuhin concert. They had invited Lieut. General Vasily...
The split between the Allies was caused by French and British fear of German competition in export markets if the mark were devalued. François-Poncet argued with a straight face that he did not want the German people to lose faith in their money. Robertson, perhaps even more...
McCloy said he would settle for a mark pegged anywhere between 20? and 24?. After fevered cabling to their capitals, the French and British suggested 27?. McCloy beat the British down to 24?. Then the French proposed two conditions: 1) ending German subsidies that made for export dumping below cost...
In Washington after the pound devaluation, Pella had negotiated to convert into gold some of Italy's dollar reserves, accumulated through exports by Italy's hard-working industry. The U.S. had sold him the gold at $35 an ounce (the open market price in Italy is about $50...
A Medieval Touch. Bao Dai is gaining support. Many nationalists who in the past fought the French are joining him. They have come to believe that the French are sincere in giving Indo-China self-rule. By year's end, Viet Nam will run its own courts, finances, railways...