Word: drachma
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Dates: during 1930-1939
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...Continent by way of Scandinavia, Russia and Italy. Egypt, where Shepheard's Hotel in Cairo is an international landmark, benefited by Mediterranean cruises. Only country actually short of hotels is Greece. C. Liabratoulos told the sad-faced conference last week that his government would give a 20,000,000 drachma bonus (about $440,000) to the first promoter who would build a chain of modern hotels throughout that ancient land...
...machines in almost every part of the globe where clothes are worn. So long does it take to assemble Singer figures from the preceding year that the annual meeting can never be held until September. Last week, having accounted for the very last nickel, yen, leu, franc, shilling, florin, drachma, peso, pengo, rupee, escudo, zloty, mark and finmark. Sir Douglas Alexander, Singer's venerable president, announced that profits for the year 1933 were...
Hastily machine gun units were rushed to strategic points in Athens. Interest payments on Greek loans held abroad we're "stopped to avert a collapse of the drachma." President Alexander Zaimis was reported about to assume dictatorial powers, for good reason: the General Confederation of Greek Workers had abruptly decided to call a Greek General Strike "in sympathy with demands for higher wages already made by individual unions...
...Rangoon last fortnight, Narasingha Swami, Indian mystic, ate a handful of ground glass, drank half a drachma of nitric acid, some sulfuric acid, also swallowed a grain of strychnine and a grain of potassium cyanide.. He died in agony. His friends explained it was because he had been kept from doing his yatayoga (breath-control and autosuggestion exercises) by swarms of visitors at his house...
...immediately improvised either in New York or in Paris." Almighty Dollar, Mighty Franc. British bankers might whistle last week, French and U. S. bankers might sympathize, might aid * but Greeks, Turks, Brazilians and such put John Bull's pound pudding to the proof. Greece, which has pegged her drachma to the British pound for years, switched last week, pegged it to the dollar. Small Danzig did likewise with her gulden. Great Brazil, whose 20 United States are larger than the 48 U. S. states, began at once to collect certain taxes on a dollar basis, despite the fact that...