Word: germanizing
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Dates: during 1960-1969
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...members pass out hundreds of leaflets that read in part: "The whole nation, stirred to teeming excitement by his eloquence, has tingled in every polyglot branch: English and French, Irish and Italian, German and Polish, Hungarian and Japanese, black and white, Swede and Magyar, all have mouthed his name in ecstasy, flinging the wonderful sound to the blue God-given skies until the vastness of America roared." I like the idea of America roaring--America the big lion, roaring munching during its elections period. When is it that the American lion yawns...
Tight Corset. As Robert Ball, TIME'S European economic correspondent, reports: "The root of last fall's crisis, the fundamental imbalance between the robust West German mark and the weak French franc, has not been lastingly removed. The tight corset of exchange controls is all that is holding the franc up. Though the controls have impeded any further outflow of francs from France, Paris has failed to lure back the bulk of hot money that it had previously lost. In Europe, the skepticism about France's chances of avoiding devaluation is widespread...
There is little evidence that the disparity between the mark and the franc will end soon. The continuing West German economic surge, which underpins the mark's strength, goes against classic economic theory. Rapid economic growth should almost inevitably produce much higher export prices and the demand for more imports, both of which are damaging to a country's trade position. Yet Bonn has managed to keep its economy expanding with little inflation. West German Economics Minister Karl Schiller said in his annual report that the country's production grew by almost 9% in 1968 and should...
...have remained essentially the same since 1964, while those of the U.S., Britain and Bonn's five Common Market partners have increased by an average of 7 %. If Bonn were to peg the obviously undervalued mark at a higher price, it would relieve the competitive imbalance by making German exports more expensive and imports cheaper. Schiller, who still hopes to avoid revaluation, predicts that various other measures will help pare West Germany's trade surplus to $3 billion this year. Even that may not be enough to ease the monetary pressure...
...focused, if flashes of sheet lightning can be said to focus, on the "Boche Baroque" fortress-prison of Siegmaringen. The time is late in the war. France has already been liberated by the Allies. At Siegmaringen, French collaborators (including Celine) are huddled together, fearful of R.A.F. bombs, of their German masters and, most of all, of one another. In this bedlam, swarming with bizarre characters, are real personages from history like Pierre Laval and Marshal Petain, as well as the Communist poet Louis Aragon and Otto Abetz, Hitlers ex-Gauleiter in Paris. "A pack of the most rapacious wolves...