Word: gold
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Dates: during 1940-1949
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...nearly 1,000 years, brave and able seamen have feared the Goodwin Sands, a ten-mile sandbank just north of Dover. Thousands of ships have foundered in their sucking sands; with the hulks are buried tens of thousands of seamen, and cargoes of gold, silver and jewels...
...bestowing this benign "Well done," Cripps wagged a grandfatherly finger. Even if British production reaches his target-140% of the prewar level-the trading deficit with the U.S. will be running at about $1 billion a year. Without Marshall Plan aid, he warned, Britain's dollars and expendable gold reserve will be exhausted by midsummer. Then Britain will "be driven back upon a policy of immediate self-preservation." Cripps meant that, without further U.S. aid, Britain would have to cut off U.S. food, raw material and machinery imports, fall back on barter pacts with other countries...
...special Reserve plan [TIME, Dec. 22], there is no perceptible disagreement among us as to the relative insignificance, as an anti-inflationary measure, of increasing Federal Reserve Bank discount rates. Member banks do not like to borrow, and do not have to when they can get reserves via gold inflow or selling some of their holdings of Government securities...
...than Doctors of Divinity. They listened to learned lectures on everything from "Are Basic Needs Ultimate?"* to "What is a Virgula in Virgulate Cercariae?† When they went home to their various campuses and laboratories, they took with them, like the ships of Tarshish, a freight of sound scientific gold & silver - along with a few peacocks and apes...
...From the gold Coast Valeteria came the following statement by Benny Jacobson: "I never met a guy with more guts than Dick. He was a real square-shooter...