Word: ger
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...sent to Parliament a bill that would slap a 25% tax on the yield of German bonds held by foreigners. The tax, which will, in effect, lower the cur rent 6% yield on German securities to an unglamorous 4.5% , was greeted with dismay by foreign bondholders and Ger man bond brokers. Erhard also an nounced a second bill that will please businessmen more; by abolishing the much disliked 2.5% tax on the issue of stocks and bonds floated in Germany, it aims to encourage foreign companies to raise funds in Germany, thus stepping up the export of German capital...
Down on the Farm. The man who will have to lead Germany into the "new phase" of Western policy has three outstanding characteristics: he is well aware of Europe's great and tragic past, he is strongly committed to Ger-man-U.S. friendship, and he has unshakable faith in the destiny of free men and a free economy...
...themes that he hoped to leave behind in Germany's consciousness. The first was that any East-West "détente talk" could only lead to "new Munichs." Revealing that he himself last year had offered Moscow a ten-year "truce" in return for better treatment of East Ger many's people (he was turned down), Adenauer insisted that any hope of easing the cold war without concessions from Russia is folly. Considering the latest Russian squeeze play against the West in Berlin, no one could say with assurance that Adenauer was wrong...
...distance its doors and windows spell the artist's name and its eaves the date. Jokes all, they are. and technically indebted to other painters. Ramapo Hills owes flagrant credit to Franz Marc, Le Pont Neuf to Giorgio de Chirico, Kiki to Modigliani, others to Braque. Léger, Picasso and Magritte. Yet they have much beyond mockery that is their own: enough original sensitivity and so abundant a measure of spontaneity that it almost begins not to matter that the method is imprecise or the execution slapdash. There is gimmickry in the world, says...
...accessible as a home for modern man. Apart from unity-minded Cardinal Bea, the liberals have few friends in the Vatican Curia, but they do include such articulate prelates as Tanganyika's Laurean Cardinal Rugambwa, Utrecht's Bernard Jan Cardinal Alfrink, Montreal's Cardinal Léger, Munich's Julius Cardinal Döpfner, a clear majority of the bishops in France, The Netherlands, Germany, Austria, Africa and Asia...