Word: convertions
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Dates: during 1960-1969
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Until last December, Polaroid had planned to convert the property at 16-18 Pine Street into parking space. Instead, the area is now the site for a locally run low-income housing project...
Reaction was swift and encouraging. Australia, France and the U.S. all began planning last week for open tournaments of their own; in Forest HilHills, N.Y., the governors of the West Side Tennis Club, long a shrine of amateurism and site of the U.S. National grass court championships, voted to convert the Nationals into a U.S. Open and ante up prize money for the pros. With a whole series of open tourna ments in prospect, there was talk of such old pros as Lew Hoad, Frank Sedgman and Althea Gibson coming out of retirement. And the thought of making an honest...
...19th century system whereby each nation set the value of its currency by weight of gold, and guaranteed to convert paper money to bullion on demand. Honoring that commitment forced nations into ruthless de flations, panics, recessions. Under today's gold-exchange standard, which was evolved in the '20s to economize on the need for the metal, central banks hold some reserves in foreign currencies convertible to gold (such as the dollar). -Tinkering daily with the price of gold during the months before that, F.D.R. liked to decide on a figure in a huddle with Acting Treasury Secretary...
...Sweden and Ireland, ordinary citizens rushed out to buy gold coins to stuff socks and mattresses, cleaning out numismatic stocks virtually overnight. In London, a $20 U.S. gold piece sold for $56, a ? 1 British sovereign for $10.20. In Geneva, the Swiss lined up at tellers' windows to convert their savings to gold bars. There was even a run in Hong Kong on gold jewelry. All told, between $1 billion and $2.5 billion in gold may have changed hands within ten days in London-as much as 10% of the total gold in the seven-nation Gold Pool, whose...
...this kind of information provided in three mailings a week, subscribers pay $15 a month. Steadily signing up more customers, marginal as they may be, Liberation is trying to appeal to Black Power papers and underground high school sheets as well. Eventually, it plans to convert from a mail to a wire service. Its telex machine already links Washington to New York. Detroit and Berkeley...