Word: cuts
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Dates: during 1940-1949
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High prices, the world's shift from a sellers' to a buyers' market and the reluctance of foreign traders to buy British as long as rumors persisted that Britain would devalue the pound, had cut deeply into Britain's dollar and gold reserves. The danger point, many Britons had long thought, would be reached if the reserves fell below ?500 million. Last week they stood at closer to ?400 million. To Cripps's many critics it looked as if the crisis was the final proof that his policies should be scrapped. They renewed their demands...
Cripps had agreed to transferability, although the amount of drawing rights that could be transferred was cut from 40% to 25%. Since this would cost Britain only $50 million a year at most, Cripps had won a victory in terms of cash. ECA and the Belgians were content in having established the principle that ECA was working toward multilateral trade, not bilateral budgeting and bartering...
...sprawls over 15,000 hectares (about 37,000 acres) of the uneven tablelands of eastern Jalisco. In the aftermath of Mexico's revolution, most big properties were broken up into small farms, but La Punta, like other ranches devoted to breeding fighting bulls, was exempted and cut by only one-half. Few Mexicans objected to this grant of privilege; not even freedom had more profound and compelling connotations than la fiesta de los toros...
...girl, Soprano Patrice Munsel, 24, struck an old pose (see cut) and dived into a new project: she will spend the summer learning German roles, to round out a repertory that includes the French and Italian...
...serious danger, and ran out the final game of the fifth set at love to win his first Wimbledon title, 3-6, 6-0, 6-3, 4-6, 6-4. Then he tossed his racket 20 feet into the air, shook hands all around, embraced the championship cup (see cut...