Word: facings
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Dates: during 1940-1949
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...which gave way, without defeat in war, to a new dominant power and accepted the role of helper and next friend of the new leader. Such a transition is not accomplished without pain and tension. Part of Sir Oliver's job is to ease the pain, to save face for his government. In the recent monetary crisis that led to the pound's devaluation (see above), Sir Oliver performed, behind the scenes, a masterly job of transmitting the U.S. pressure for devaluation in a way that cost Britain a minimum of dignity. In the style of the King...
...Washington, Dr. Herman Baruch (younger brother of elder statesman Bernie), whose resignation as U.S. ambassador to The Netherlands was recently accepted, explained why he had chucked diplomacy. At 77, he said, he simply could not bring himself to face another one of those clammy Dutch winters...
Bandleader Artie Shaw had tried feeding long-hair music to shorthair audiences (in Manhattan's Bop City-TIME, April 25) and wound up, at least figuratively, "with egg on my face." But he had learned a lot: "Let's face it, I was being pretty rigid...
...nine rounds, Rocky Graziano sat in his corner, his face smeared with blood and bewilderment.The reform-school graduate who used to thrill Manhattan crowds with his ferocious, windmill technique was losing his first major fight in New York after a three-year exile. "You've got to knock him out," warned his manager, while he smeared carpenter's wax on a cut above Rocky's left eye. Growled Graziano, impatiently: "I still got one round...
...should buy bargains at home before looking across the seas. Not until the market rose to levels reflecting a truer value for stocks, and the chances for profits were thus lessened, could Americans be expected to start looking for more profitable enterprises abroad. In addition, said Istel, foreign investors face currency difficulties, "run the risk of not being able to repatriate [their] capital," for the chance of profits which are smaller than in the U.S. It was "not surprising" that since the end of the war, private international finance has been almost nonexistent. Said Istel: "The game is not worth...