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Good sense sometimes makes the most thundering heresy. Example: Canada's new floating dollar. At its old fixed value of 92.5 U.S. cents, the currency was clearly undervalued; foreign money was pouring into Canada and aggravating an inflationary trend. Yet Canadian officials did not want to try to guess what official price would be right. So they decided last week to let the Canadian dollar sell for an indefinite period at whatever price foreign moneymen would pay (which by week's end was just under 97 U.S. cents). The move followed the example of West Germany, which last...

Author: /time Magazine | Title: Money: Canada Waives the Rules | 6/15/1970 | See Source »

...every performance. The narrow, tremulous wraith appears in black velvet pants and jacket, a little lace jabot at her throat. The mordant chords purl from the back of the stage, and she becomes an authentically possessed figure. On the slow numbers, the words are not sung; they seem to float from her throat. The uptempo songs could survive almost any rendition, but when Elly sings them, she charges them with alternating currents of energy and melancholia. She does not interpret the songs, she becomes their owner-and their tenant. In Carousel, she sings in a lazy, wheeling style-until suddenly...

Author: /time Magazine | Title: Show Business: Alive and Well | 5/18/1970 | See Source »

...rules. if passed, will come as a gift out of the blue for most undergraduates, whose long-forgotten three's and four's on AP exams will permit them to float through with three, or even two courses a year until they graduate...

Author: By Michael E. Kinsley, | Title: Rule Change May Accredit Advanced Placement Tests; Current Students Included | 4/6/1970 | See Source »

...harnessed to a rig called the wood roller massaging machine. Your reaction is immediate: "T-t-u-r-n-n i-t-t o-f-f-f!" BACK WALKING. All is calm in yoga class. "Sink deeply into the floor," whispers our guru, demonstrating the corpse position. "Float away." Class ends, but next to you, Herb Zimmerman, a Wall Street broker, is still floating. "I see a little creek," he mutters. "Trickling water. I'm actually there." Later, you and Herb are actually in a karate class taught by a black belt instructor. Wisely, as you hear your calcium...

Author: /time Magazine | Title: Modern Living: In Search of the New You | 3/2/1970 | See Source »

...audience and drag theatre-goers up onstage to share in dance. The tragedy of Claude's death seems to evaporate into the transcendental warmth of a new optimism. Biltmore patrons slowly gather up their Playbills, reclaim their wives and friends from the enthusiasm of Hair's final moment, and float airily out the doors- slightly changed, and energized with a new sense of vital understanding- as they make their ways through bustling Broadway crowds to happier homes than those from whence they have come hours earlier...

Author: By David Sellinger, | Title: HAIR: | 2/14/1970 | See Source »

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