Word: forte
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Dates: during 1960-1969
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...STEGALL JR. Westminster Presbyterian Church Fort Walton Beach...
...Fort Knox last week bore an uncomfortable resemblance to a besieged stockade on the plains of the Old West. The fort was under attack not by redskins but by sharp-eyed and pin-striped foreign bankers. In the past fortnight, U.S. gold reserves have fallen by $80 million, now stand at a 23-year low of $16.7 billion. This is $2 billion less than total short-term foreign claims against the dollar. While U.S. officials rightly insist that foreigners will scarcely call all their claims at once, the fact that U.S. gold reserves could theoretically be wiped out on call...
...year ago-had Washington newly uneasy last week. Even if the total gold drain for 1962 could be held to the 1961 level of $700 million, as the Administration expects, there would be no cause to cheer. If-improbably-the U.S. continued to lose gold at that rate indefinitely, Fort Knox would go bust sometime around...
Friendly Persuasion. Because the whole free world has a stake in seeing that Fort Knox doesn't go bust, Washington has recently been inundated with a flurry of radical suggestions for keeping it solvent. A group of Republican Congressmen want the Government to discourage speculation in gold by abandoning the guaranteed U.S. purchase price of $35 an ounce. French Economist Jacques Rueff, who masterminded De Gaulle's successful currency reform plan, urges complete scrapping of the managed-money system and a return to the classical gold standard-a step that he argues would stimulate the international flow...
...flames proved their undoing. They lost their protective cover, became silhouetted targets. An eight-man team of guerrillas, however, had successfully lobbed a 57-mm. shell (from a captured U.S. recoilless rifle) into the fort, setting it afire. The battle raged until morning, when three waves of government planes, some piloted by Vietnamese and some by Americans accompanied by Vietnamese trainees, finally appeared to bomb and strafe the fleeing Viet Cong. Not until early afternoon did Vietnamese paratroopers arrive; by then, the enemy had disappeared. At nightfall, however, despite the paratroopers' presence, the Communists had managed to remove most...