Word: brits
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Dates: during 1960-1969
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...massive by any standards. It is the third largest industrial company outside the U.S., employs 550,000 people (one in every 40 British workers), is one of England's biggest landlords (it owns 130,000 homes), and supplies most of Britain's energy needs. It also has Brit ain's worst managerial headache. Its deficit has mounted to $125 million so far this year, and it intends to close 150 coal mines and seek government forgiveness of loans equaling more than $1 billion. Last week, in the most severe shake-up since the coal industry was nationalized...
...reckoning is at hand, Lord Cromer told a gathering of Scottish bankers in Edinburgh. The $3 billion international rescue that saved the Brit ish pound last November "no more guarantees our future than Dunkirk presaged swift victory in 1940." If the government is to prevent hardship for every British family, he said, it must quickly and decisively put its house in order by boosting productivity and cutting back on its spending schemes. Said he: "I only hope we face up to this need whilst there is still time...
First come the sign painters, serious little men with paintpots and newly issued brushes, their lips moving soundlessly with the memorized slogans: "Yankee go Home" or "Down with the Neocolonialists and Imperialists" or sometimes, when Britain is involved along with the U.S., "Bugger off, Brit!" Proficient only in the local language, be it Egyptian or Swahili, Russian or Malay, the painters are under considerable pressure. After all, if the epithet they must letter neatly on the embassy wall comes out in misspelled English, it will look bad for their country's image in the news photos published abroad...
...bottle a moon beam. It is an elusive and often per- plexing art. The mechanics of inscribing notations, for one thing, is such a tedious and time-consuming task that for centuries composers and musicians have been searching for an easier and faster way of writing music. Now Brit ain's Imperial Typewriter Co. Ltd. is of fering just that - a typewriter that types music...
...pound, the resulting chaos might not only have snarled world trade and weakened the West, but would almost certainly have undermined the dollar as well. It was clear to the Americans that they had to act just as resolutely in defense of the pound as they had to follow Brit ain's rate rise. Said Treasury Under Secretary Robert Roosa: "It's like a run on a bank: if you roll the money truck in the door, the depositors who planned to withdraw will go away." The rescue that followed was the most dar ing ever tried...