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...dickering with Carol. Carol promised to drop Magda. "What man would renounce a throne because of a woman?" he asked a newsman. "She [Magda] did not take me from my country, and she will not stand in my way if I want to return." Said Magda: "Although Carol is dearer to me than life ... I have always been prepared to make any sacrifice for him." In 1930, Parliament proclaimed him King, dating his reign back to his father's death...

Author: /time Magazine | Title: RUMANIA: Happy as a Milkman | 4/13/1953 | See Source »

...brought Ibn Saud riches, but dearer to a Moslem heart than even riches are sons, of whom the King has at least 35. In the homes and clubs of the Westerners, where women smiled unveiled amid the heady mixture of gin & vermouth, the young Emirs were always welcome guests. For Ibn Saud's younger sons, as for many Arabs, it was easy to forget the Koran's teachings in the face of such infidel delights. Two years ago one son went on a binge with a neighboring sheik's son, that ended in the latter...

Author: /time Magazine | Title: SAUDI ARABIA: Dry Desert | 12/22/1952 | See Source »

...Dearer Ovaltine. The British move touched off convulsive reflex actions around the fiscal world. (To cushion the shock, British banks and exchanges were closed for one day; other countries declared similar holidays.) All the dominions devalued their currencies in proportion; Canada, a dollar country, devalued its dollar 10%. In the colonies the readjustment was automatic. Ireland, Egypt and Israel brought their pounds into parity with Britain's. Norway, Denmark, Finland, Iceland, The Netherlands and Sweden made devaluation moves...

Author: /time Magazine | Title: ECONOMICS: Devaluation | 9/26/1949 | See Source »

Fanny Cohen, 4O-year-old artist, tearfully commented: "She is such a dear old lady, and becomes dearer every year. How I would like to lunch with her! When I met her I would like her to say, 'Hello, Miss Cohen,' and I would say, 'Hello, Queen.' " Said a Negro waiter from Dutch Guiana: "People come and go, but it will seem strange without Wilhelmina...

Author: /time Magazine | Title: THE NETHERLANDS: God Disposes | 5/24/1948 | See Source »

...Bank had been paying 104½ to yield 2.60% steadied at 102 for a yield of 2.82%. Since government bonds are the backbone of much of the banks' credit, this meant that the price of money had gone up about one-fourth of 1%. In the long run, dearer money tightens credit and cheapens goods. But it would still be a long time before the Bank of Canada's tinkering with the price of bonds affected the price of cabbage...

Author: /time Magazine | Title: Canada: THE DOMINION: Roses & Cabbages | 1/19/1948 | See Source »

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