Word: dominione
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Best Customer. Despite such wealth, Canada today is a sort of well-heeled pauper. Reason: the world's dollar crisis. As the U.S.'s best customer, the Dominion needs a whopping supply of U.S. dollars to keep her economy going. Traditionally, she earned some of the dollars by selling in the U.S. and the balance by selling such surpluses as grain and timber to Britain and the rest of the world. Because of the dollar shortage, Britain and many another customer have slashed their purchases in Canada, and have thus ripped apart the historic pattern of Canadian trade. This week...
...Dutch were committed to the project of a "United States of Indonesia," with probable dominion status under the Dutch crown. Last week the Dutch still insisted that every jot & tittle of the proposed agreement must be in place before they transferred sovereignty to the Indonesians ; the impatient islanders wanted sovereignty first, and to tuck in the loose ends later. The most hopeful aspect of the conference was that both sides knew they could not get what they wanted by force...
...correspondence with Sir Joshua Reynolds, Edmund Burke, David Garrick and Voltaire. Isham had always wanted a place like his alma mater to have them. Last week, Yale bought them all with funds supplied by the McGraw-Hill Co." (which will have exclusive publishing rights) and the Old Dominion Foundation (founded by Paul Mellon, Yale...
This week visitors to Washington's National Gallery were seeing South Africa as it looked to 53 of the Dominion's own painters and sculptors. For historical background there were a score of 18th and 19th Century canvases which showed glimpses of South Africa's colonial past. But most of the work was by contemporaries and reflected present-day Africa-its raw, green hills, adobe towns and sprouting cities...
Cripps had no such intention. His remedy for the crisis was still the same: more austerity and more import cuts. This week he will meet with Dominion Finance Ministers who have been invited to London to discuss ways & means of conserving the sterling area's dollars...