Word: commonwealth
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Dates: during 1960-1969
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Promise of Compensation. Britain's hopes for an economic turnaround were further buoyed by its new financing arrangements. Purpose of the ten-year credit package was to stanch flight from the pound by countries in the so-called "sterling area," which consists of all British dependencies and Commonwealth members (except Canada), plus such other countries as Kuwait, Jordan, Libya and Ireland. Because they hold the bulk of their reserves in pounds, most sterling-area members suffered automatic losses when the pound was devalued-and a number of them have lately been selling off large amounts of sterling...
...result of a rash of fires that began to flare last October, just as candidates were warming up for what promises to be a sulfurous 1968 campaign. All the fires have been traced to the same origin: fire bombs aimed at driving U.S. -owned business out of the Commonwealth. In the past year, arsonists have set 20 fires costing $15.6 million, with department stores and supermarkets the principal targets...
...filled with wool from Britain and Commonwealth nations, the woolsack traditionally symbolizes the landed gentry that forced King Edward III (1312-77) to concede power to Parliament in return for tax revenues...
Prime Time. In California, where he is thinking of second-ballot votes, he missed hardly a stop, skipping from San Francisco's Commonwealth Club to the Town Hall Forum and a private meeting with influential G.O.P. supporters in Los Angeles. "There are some hard-core Nixon people," said Tire Heir Leonard Firestone after the meeting, "but there are lots of open-minded people." At week's end Rocky was at the Republican Governors' Conference in Tulsa, Okla., where he finally won the endorsement of Shafer, who will bring him 40 to 50 of Pennsylvania...
Among the 96 passengers debarking at Heathrow Airport from BEA's Lisbon-London Flight 75 was Ramon George Sneyd, who went to the Commonwealth immigration desk and presented his Canadian passport. The immigration official took one look at the document, then asked the bespectacled Sneyd to join him in a back room for some "routine" questions. The interrogation was far from routine. Sneyd was found to be packing a loaded pistol in his back pocket, plus another Canadian passport. And when Scotland Yard's crack detective Tommy Butler took over, the alert immigration official's original suspicions...