Word: cheaper
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Dates: during 1950-1959
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...leaders (British importers) had sold sterling to buy dollars and other foreign currencies to pay their bills well in advance of due dates, thus save money come devaluation. On the other hand, the laggers (foreign traders) had delayed buying sterling to pay their bills, hoping to settle with a cheaper pound. The unexpected drain on sterling might run as high as $1 billion unless the British convince the world that they have the determination and resources to defend the pound...
...send their children to college "just to prove there's nothing wrong with them." He told incoming students: "If you have come here to be a personality kid and win friends and influence people, you might get what you are after, but it would have been quicker and cheaper to take a course in salesmanship. If you spend your spare time playing bridge, you will be a good bridge player; if you spend it in reading, discussing and thinking of things that matter, you will be an educated person...
...East Side, John Dioguardi used to extort his spending money by tipping over pushcarts until harried street peddlers paid him to lay off. Payoffs got bigger later on, but essentially Johnny Dio remained a pushcart upsetter. Many a New York City 'trucking firm decided that it would be cheaper to slip a Dio mobster a few grand than to get stink bombs hurled into trucks or emery powder sneaked into motor oil. In recent years, armed with "paper local" labor-union charters obtained with the friendly conspiracy of Teamster Big Wheel Jimmy Hoffa, Dio collected wads of cash from...
AIRLINE FINANCING of planes will be made easier and cheaper by new law allowing carriers to issue equipment trust certificates, a leasing method that railroads have long used to get rolling stock. Under plan, airline borrows money to buy equipment, then gives title for the equipment to the lender by issuing trust certificates. Airline regains title from the lender when bill is paid...
...Icelandic Airlines has four vintage DC-4 Skymasters whose seven weekly flights between Europe and the U.S. are so jammed that the wait list runs clear into mid-October. Reason: while mounting costs force every other line to plug, for fare increases, Icelandic's rates are some $100 cheaper than those of its competitors, have pushed the lean little line from 400 passengers in 1952 to an expected 30,000 this year, with revenues of close to $6,000,000. up some 25% from last year...