Word: francs
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Dates: during 1960-1969
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Whether anybody is really harmed by Girodias' 4-franc dreadfuls is the sort of question that befogs all discussions of pornography. Between the extremes of the puritan, who thinks all nonclinical mention of sex is evil, and the libertine, who is a puritan turned inside out, is the broad-minded man, who is not very helpful either. His definition of pornography is clear, but only to him: "Anything that shocks me too much." Olympia's output shocks almost everyone, at least momentarily. But in the view of New England-born Author Akbar, "The books have so much filth...
...every Frenchman's breast lurks a passion more potent, if possible, than his love of the franc or good food. Its outward and visible symbol is the bicycle, but the emotions that bicycling inspires in France have little to do with transportation or exercise. For priests, market-bound peasants, bankers who would sooner pedal than be chauffeured, bicycling is a way to dream and drift in dignity, to twirl life like a long-stemmed glass of Alsace wine. "Vive le vélo, un ami de l'homme" proclaims an affectionate Norman toast: "Long live the bike...
...months since South Africa stalked out of the British Commonwealth, gold-mine shares have dropped 30%; gold and foreign exchange reserves have fallen by half since Sharpeville, forcing the government to slash import licenses by two-thirds. Foreign investment is at a standstill. "Not a cent, penny, franc or pfennig is coming in from abroad," says one Johannesburg businessman. "We're in difficult straits...
Right Face. Other Marxian imports are the nationalized foreign trade agencies. They also have proved a flop, the evidence being bare shop shelves and the sagging value of the Guinean franc. Toure has been forced to trim the power of the state import monopoly, allowing private traders to handle some foreign goods. This right face has led to a sharp split in Guinea's Politburo between Sekou Toure, who seems to be willing to try anything provided it pays off, and his militant half-brother Ismael, who thinks Marxism is the answer to every problem...
Recoining the Franc. Thus far Treasury officials have been happy to get rid of all the silver they can. They are not worried by London fears that the U.S. will run out of silver in the next few years. The U.S. still has 122 million oz. in its free silver vaults-over and above its vast monetary reserves. Although the mint dips into the free silver stocks for some 40 million oz. for new coins each year, the Treasury can always stop selling silver if its stocks drop dangerously low. The Treasury argues that special circumstances have recently affected both...