Word: bond
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Dates: during 1940-1949
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...Spirit of Bond Street. Weizmann greatly admired the British, was often accused by his fellow Zionists of imitating them (he wore Bond Street shirts and acquired a marked habit of understatement in his speech). In 1946, when he favored the British partition plan, David Ben-Gurion opposed him; Weizmann was forced out as head of the Zionist organization...
...Christmas Eve in 1947, the U.S. Treasury gave a present to U.S. bankers: it would continue to support the price of long-term Government bonds above par by having the Federal Reserve banks buy bonds back at the "pegged" price if there were no other buyers. With this arrangement, the Government hoped to make it easier to sell "Treasuries." Furthermore, this deal would keep down interest rates, in line with its "cheap money" policy on long-term bonds, and it would stabilize the bond market. For a while the plan worked -but only for a while...
...ophthalmologist, Ludwig began his prolific writing career as a verse dramatist, switched to war correspondence and then to highly colored biography. A voluntary exile from Germany since 1907 (his books were later burned by the Nazis), he became a Swiss citizen in 1932, worked as a $1-a-year bond salesman for the U.S. Treasury during World...
...Socarrás, who had already received the full treatment in Mexico (TIME, Aug. 9) and who plans to visit the U.S. after his inauguration in November, turned up in Guatemala City. He and Guatemala's President Juan José Arévalo found a mutual bond in their distaste for the Dominican Republic's Dictator Rafael Trujillo and Nicaragua's Anastasio
Medicine v. Mozart. U.S. music fans have heard Boyd Neel's orchestra only on records, if at all. Last year his 21-piece string group crossed the U.S. en route to Australia, but they flew across the U.S. in silence on a world tour, with their instruments in bond...