Word: coine
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...money-making Government operation is making money. Thus the nationwide coin shortage is actually a boon for the Administration, which has embarked on a crash program to double the Treasury output at the Department's two mints (Philadelphia and Denver). A far richer windfall for the Government, however, is the Coinage Act of 1965, passed by Congress in July to cut the multimillion-ounce yearly drain from the U.S.'s dwindling silver supply.* The law stipulates that all new dimes and quarters must be silverless and the silver content of half dollars trimmed from...
...result, the Government, which sells coins to banks at their face value, will soon be minting unheard-of profits. With the new copper-nickel alloy coins authorized by the bill, the cost of turning out a dime will drop from 9.5? to .6? quarters, from 23.6? to 1.5? and half dollars, from 47.3? to 26.5?. Revenues from coin manufacture will leap from some $100 million in 1965 to $1 billion...
Turning that coin, what's bad about organized labor is bad for the U.S. And organized labor today is afflicted by a multitude of problems, some glaring, some subtle, and virtually all springing from failures to keep pace with change. For one thing, the labor movement is middle-aged and increasingly middleclass, powerful and sometimes arrogant, but without the lean, hungry and imaginative leaders of the past. For another, unions are faced with a new industrial revolution in automation, which promises to alter the very role and function of human labor...
Unfriendly Attack. There is, inevitably, a reverse side to the coin. This vast outflow of dollars?for aid, military assistance, business investment, tourist spending?has for 14 years exceeded the money flowing into the U.S. from its foreign transactions. Result: a chronic deficit in the U.S. balance of payments. What makes the payments deficit so serious is that each deficit dollar is like a check written against the gold supply of the U.S. Treasury, which is pledged to exchange foreign-held dollars for gold upon demand. Largely as a result of its payments deficit, the U.S. has suffered a steady...
Protestant scholars agree that there is some scholarly justification for the Catholic changes, and admit that occasionally the Catholic notes are better than their own. Where the Protestant RSV says that the familiar Biblical coin the denarius was worth about 20?, the Catholic edition more meaningfully explains that it was a day's wage for a laborer in New Testament times...