Word: easts
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Dates: during 1940-1949
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Ever since the Russians imposed their blockade last spring, a troublesome currency situation has existed in West Berlin. The Western Allies permitted the use of the Russians' East marks as legal tender alongside the West's own currency. In their own half of Berlin, the Russians had shown no such liberal attitude. Western currency was strictly banned. Since Berliners had more confidence in the Western than in the Eastern currency, West marks last week were worth four times as much as East marks. But people in West Berlin had to accept the East mark for wages, rent...
...these inequalities, the Western Allies announced that the East mark was no longer legal tender in West Berlin...
...million chain of eleven tourist hotels. Local capital is financing them, but Pan Am's Intercontinental Hotels Corp., holding a token 1% interest, will run them. Costing $5 to $10 million each, they will dot South America, with more to be built later in Europe, the Middle East and Africa. One in Montevideo is almost finished; others are abuilding in Caracas and Bogot...
...hops, their boss, with vast energy, got ready to send them across the oceans. He worked with planemakers to turn out the flying boats he needed, sent Charles A. Lindbergh, a consultant to Pan Am, on Great Circle survey flights to the Orient. Trippe's agents roamed south, east and west lining up the exclusive landing franchises that paved the way for mail contracts. In island chains and jungles, his crews hacked out airports, strung together radio and weather networks. The better to feed his mushrooming lines, he formed a brood of subsidiaries and affiliates, of which he still...
...school. The Trippes see little of Manhattan's night life. They usually spend Trippe's off hours at home in their big apartment on fashionable Gracie Square, a stone's pitch from Mayor O'Dwyer's mansion and the tooting tugs on the East River. (A deafening blast once startled a telephoner into asking Mrs. Trippe: "Madame, do you live on a barge...