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Italy may be prosperous, but it is also almost penniless-thanks mostly to a coin shortage that has put small-change business transactions on a barter basis...

Author: /time Magazine | Title: World Business: Shortchanged | 9/2/1966 | See Source »

Most popular (and hardest to find) coin is the 500-lire piece, worth 80? in U.S. terms. Only last year, the government issued 5,000,000 new 500-lire coins commemorating the 700th anniversary of Dante's birth. Today the Dante coins have just about disappeared -except on the black market, where they bring as much as $4.80. For many Italian bank clerks, the first order of daily business is to roam the streets trying to scrounge coins from train stations and stores in return for bills; some banks are issuing 500-lire cashier's checks that pass...

Author: /time Magazine | Title: World Business: Shortchanged | 9/2/1966 | See Source »

...telephone is the one way to reach help. But the pay phone is mute and deaf until it has been fed its dime. To clear the line, Southern New England Telephone Co. is converting its pay telephones in Hartford so that the caller can get the operator without a coin...

Author: /time Magazine | Title: The Telephone: Direct Line for Emergencies | 8/19/1966 | See Source »

...Stars won the toss of the coin and elected to receive. That was a mistake. On the very first play from scrimmage, Alabama Quarterback Steve Sloan fumbled the ball, Lionel Aldridge recovered for Green Bay, and Packer Quarterback Bart Starr flipped an 11-yd. touchdown pass to End Boyd Dowler. After that, the only question was how big the score would be. Fullback Jim Taylor scored two TDs for the Packers, Starr threw for still another, and alert Green Bay defenders picked off two passes...

Author: /time Magazine | Title: Pro Football: When the Men Met the Boys | 8/12/1966 | See Source »

...seems fair, since Toomey can broad-jump 25 ft. 6 in., run the 100-meter dash in 10.3 sec. (just .3 sec. off the world record), and Hodge, who still goes to college, can heave the 16-lb. shot 56 ft. 7½ in. - good enough by itself to coin an Olympic gold medal in 1948. Last month at the U.S. decathlon championships in Salina, Kans., Toomey scored 8,234 points under the complicated performance tables, and Hodge scored 8,130 to put both over the old world record of 8,089 set in 1963 by Nationalist China...

Author: /time Magazine | Title: Track & Field: What Price What Glory? | 8/5/1966 | See Source »

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