Word: englands
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Dates: during 1960-1969
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...arrangements. He did not confirm that there were such negotiations for a good reason: there had not yet, in fact, been any. It was not until after the Cabinet meeting that the government went out and started looking for loans on the basis of its decision. The Bank of England's O'Brien went to work calling up his central bank counterparts in Europe and in the U.S. The whole deal was finally arranged by Saturday afternoon...
...like an international money by traders and central banks the world over. The U.S. can afford to let its money be used by others; Britain, needing every penny it mints, no longer can, but has long insisted on continuing to try. The result is that when the Bank of England is driven to the wall to defend sterling, it may discover that as much as 75% of the supply of pounds extant is in the hands of foreigners-and out of reach...
Divorced. Ralph Schoenman, 32, Brooklyn-born secretary to British Pacifist Bertrand Russell and organizer of last May's Stockholm circus "trial" that convicted the U.S. of "war crimes" in Viet Nam; by Susan Goodricke Schoenman, 25, his wife of five years; in Bournemouth, England. In granting the divorce on uncontested grounds of cruelty, the judge noted Schoenman's "sexual aberrations" and his habit of "refusing to wash or bathe except on very rare occasions...
...Electrical, meanwhile, was doing worse. Although it was next to the largest in the industry (after English Electric), its earnings of $37.5 million last year were 47% lower than the year before. Thus, when Weinstock offered to buy out A.E.I, for $448 million, some stockholders, including the Church of England (which owns stock worth $8,400,000) leaped at the chance. In a six-week battle during which both sides spent about $550,000 on advertising alone, Weinstock won about 70% of A.E.I.'s shares...
Salaun '41, four-time National Squash Rackets Champion, has won the Middlesex title 16 times and has dominated New England Squash for the last 15 years...