Word: cash
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Dates: during 1960-1969
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...Restrict the powers of some speculators, including the huge multinational corporations, most of which are U.S.-controlled. Such firms hold enormous cash reserves in foreign currencies. Whenever a crisis threatens, treasurers rush to shift their reserves from "weak" currencies (currently French francs and British pounds) into "strong" currencies (currently German marks, Swiss francs and others) and thus bring on or aggravate a crisis...
...promising young players, which is as hopeless as a city of today trying to make it without federal funds. Graceville dropped out of the league halfway through the 1958 season. "We just couldn't afford it anymore," explained one of the club directors, Mike Tool of Cash Drugs on Brown Street. "These kids used to play for $150 a month, but pretty soon they started asking for $200, then $250, and then THREE-HUNDRED DOLLARS...
...shadowy old films and yellowed newspaper clippings of fights to determine the number and kinds of punches each boxer threw. Then he reduced the field to the 16 top-rated heavyweights, from bare-knuckled John L. Sullivan to fancydancing Muhammad Ali. He fed all the information into a National Cash Register 315 computer. After proper programming, the machine was ready to spew out a blow-by-blow account of a mythical fight...
...risk was that the U.S. command could switch scrip at any time and thus leave speculators holding worthless paper-which is exactly what happened last week. Inside their bases, American personnel were instructed to cash in their MFCs for a series of crisp new ones. They were allowed to exchange up to $250 worth, with no questions asked, but had to give a strict accounting of how they had acquired any MFCs above that amount...
Died. Lightfoot Solomon Michaux, 84, Negro evangelist, whose messages of hope lifted the spirits of untold thousands during the Depression; of a stroke; in Washington, D.C. "Let me hear them screams, pilgrims!" shouted Michaux in his nationwide radio sermons from Washington. So many people responded with screams and cash that Michaux was able to feed some 250,000 of the city's poor at his soup kitchen...