Word: froze
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...Treasury, Bill Martin was handed the job of dissolving a shotgun marriage of the Treasury and the Federal Reserve. The Fed had been stripped of most money-regulating powers in 1941, when the U.S. entered World War II. Anxious to finance the war at low interest, the Government froze the discount rate at i%, suspended the FRB's right to alter reserve requirements, and harnessed it to an agreement to support, at par, Treasury securities, which supplied 60% of the cost of fighting the war. By 1950 the Fed, which had been created as an independent agency to guard...
When Zarchin finally got through to Ben-Gurion, he found an eager supporter. After Israeli engineers had sniffed at his scheme, Zarchin herded them to a nearby ice factory, froze and melted some sea water, and passed it around. The engineers took one sip, then let loose a delighted whoop...
Even without the benefits of lawn-mowing exercise, Harry Truman seems in good health, although one of his favorite dishes, chili con carne, has been banned by Dr. Wallace Graham, former White House physician, now a Kansas City surgeon. Bess "almost froze to death" in unheated springtime Europe, now has a touch of arthritis...
summoned the Egyptian ambassador to express U.S. shock at "the many intemperate, inaccurate and misleading statements" made by Nasser "during the past few days." Rejecting hotheaded talk that British troops should reoccupy the Canal Zone, the Eden government froze an estimated $1 billion of Egyptian assets (including the Canal Company's) in Great Britain. Defense secretaries took stock of aircraft carriers, destroyers and airborne troops available if needed. Alternate ways to avoid patronizing the Suez Canal were canvassed. The French talked of an old plan to dig a canal from Haifa to the Gulf of Aqaba, running through Israel...
...into the brand-new Presbyterian church. But one stayed back long enough to explain: "They're following a little man no bigger than a boy-he's got hair all over his body and a long white beard, and claws instead of fingers." The mothers' hearts froze. For this, they knew at once, was Tikoloshe-the evil sprite who tempts South African black men to murder and worse (TIME, Feb. 20), who has the power to lure children away with tales of a marvelous play land, which leaves their brains addled for life. The mothers piled into...