Word: european
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Dates: during 1960-1969
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Other American players, accustomed to the slick, fast-breaking style of play in the U.S., return home out of frustration; while improving, European basketball at best is on a level with junior-college ball in the U.S. Playing conditions, like the cramped court on the third floor of the Abbey of Mercy church in Venice, are often less than ideal. Refereeing, which one U.S. player says favors the home team by a good 25 points, is woefully bad. And the European players, to whom teamwork is a job performed by oxen, would just as soon uncork an impossibly long...
...newcomer at least, the affection of the European fans makes up for the shortcomings on the court. "I get two or three letters every day from the fans," says Gary Schull. "I don't fully understand them but I get a kick out of them. See this," he says, fingering a new beaver overcoat. "Some businessman gave it to me. I never had it so good." Sometimes the hero worship gets out of hand. After a championship game in Italy three years ago, souvenir-mad fans rushed onto the court and stripped an American player right...
SINCE the easing of last November's European monetary crisis, the calm in world money markets has seemed almost uncanny. The French franc has suffered only minor buffeting on currency exchanges. Last week the British pound rose to a six-month high of more than $2.39, lifted by the news that Britain's perennial trade deficit narrowed to practically nothing in January. The dollar, buoyed by last year's slight surplus in the usually deficit-ridden U.S. balance of payments, is stronger than at any time in recent memory. Yet amid such outward stability, signs of skittishness...
Tight Corset. As Robert Ball, TIME'S European economic correspondent, reports: "The root of last fall's crisis, the fundamental imbalance between the robust West German mark and the weak French franc, has not been lastingly removed. The tight corset of exchange controls is all that is holding the franc up. Though the controls have impeded any further outflow of francs from France, Paris has failed to lure back the bulk of hot money that it had previously lost. In Europe, the skepticism about France's chances of avoiding devaluation is widespread...
Schizoid Mirror. Whatever new and hopeful may have been born in the 20th century, it is generally agreed that much of value has died in our times too. To some, that death began with the first blow of European fratricide, struck in August 1914. For Céline, though, it was the fall of Stalingrad that marked "the end of white man's civilization." In the paroxysm of Hitler's waning power in Europe, he finally found an external circumstance to match the horror of his own inner condition. Accordingly, in bringing to life some of the ghouls...