Word: crediters
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Dates: during 1960-1969
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...Social Credit derived from an economic movement current during the Depression. It involved the artificial creation of purchasing power through "prosperity certificates" that were issued like scrip. Since then, the movement has abandoned "funny money" theories and turned conservative...
Choquette, who turned in a host of bruising blocks as well as some driving ball-carrying, deserves at least as much credit as the speedy halfbacks for making Harvard's offense click. "When Choquette goes, our offense goes," beamed Coach John Yovicsin after the game...
...Confii Guide offers this choice caveat as a description: "Few students seek academic credit for sadism, but for those who do, there is always...
Under this exchange, the New York Federal Reserve Bank extended to Britain a line of credit that stood at $750 million this summer, before the pound withstood its most severe assault from speculators (the idea is that Britain would do the same for the U.S. if the dollar were to run into trouble). Of the total, the Bank of England had to call for $300 million. Meanwhile, other central banks had provided Britain with another $ 1 billion...
Cashed for Gold. Last week the U.S. upped its credit ante to Britain by $600 million. The new arrangement would permit the British, using dollars, to repay what they have drawn from Continental banks. Thus it also raised the possibility that some of those dollars would be cashed in for gold. The U.S. Treasury last week noted that France, with gold purchases of $221 million, was the only nation to convert dollars into gold "significantly" during the second quarter of 1966. To allow the U.S. to continue as savior of the pound and at the same time to protect...