Word: german
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Dates: during 1960-1969
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...notes that man has three capabilities that no machine can match: "A very wideband set of sensors for acquiring information, a built-in memory and a computer better than our best machine, and a remarkably versatile capability for action and physical operations." Wernher Von Braun, the father of the German V-2 and a pioneer in the U.S. space effort, is blunter. "The space program is the first time we could keep the cutting edge of science and technology sharp without having a major war," he declares. "Goddammit, does it take another war to get technology up to a higher...
...limits set by the International Monetary Fund. The prospects of another franc devaluation-the eighth since World War II-caused French bank notes to sell at a 10% discount abroad, and the price of gold in Paris reached record highs. French reserves fell for the twelfth consecutive week, while German Bundesbank reserves jumped by $400 million. Only the strict French currency controls prevented a much sharper shift out of francs and into marks...
Such action is highly unlikely before a new French government is installed in June. Even then, the Germans will weigh carefully any boost in the price of marks before their own national elections in September. Revaluation would lower the income of German farmers under the complicated Common Market price-support system, and Bonn's party leaders are worried about losing the farm vote. Yet a change in parity is almost assured by the vivid contrast between the mighty West German economy and the inflationprone French economy-menaced by excessive wage demands while handicapped by obsolete plants and an unfortunately...
Bankers and government leaders hope to achieve long-overdue reform of the international monetary system, which limps from one crisis to the next. Last week Germany's Strauss called for "an agreement on better coordination of policies." That would include not only a change in French and German parities but also an expansion of world monetary reserves to meet the needs of growing trade...
...feel like eating Chinese or French but would like something better than Hazen's. The club sandwiches and the lunch specials will fill you up for under two dollars, including onion rings and French fries and cole slaw--also ketchup, which ZumZum doesn't supply, being strictly German. (Instead they have china pots of mustard cutely labeled "Das Sweet" and "Das Hot".) For supper you can get the usual things, with hot rolls. I tried the filet mignon. Most of the artistry was on the part of the steer, not the chef, who made it medium rather than rare. Still...