Word: gold
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Dates: during 1950-1959
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...months ago, to fight domestic inflation and to check a flight from sterling so headlong that devaluation seemed due, the Bank of England hiked its bank rate sharply from 5% to 7%, the highest level in 37 years. The shock worked. The flight was reversed: gold and dollar reserves rose $689 million, and by the first of the month stood at $2,539,000,000, best since 1955. In the world's money markets, the pound's worth rose from a low of $2.78 to $2.81. Last week the bank's bowler-hatted runners fanned out again...
...glitter to the interior. Stone hung a mesh of thousands of sparkling, gold-anodized aluminum disks from the lower spokes of the roof. The hub, a tension ring 63 ft. across and weighing 25 tons, is dramatically suspended in midair and open to the sky above the central pool. To give the structure the maximum look of lightness, a trellis of light steel straps was used to hold the 42-ft.-high plastic walls rigid against the wind. Says Stone: "I'm not given to flexing my structural muscles publicly. But you can't say this building doesn...
...designed by a U.S.-born architect. In the bachelor's retreat he built for A. Conger Goodyear at Old Westbury, on Long Island, he deftly applied modern principles to an intimate, luxurious small house. His collection of medals and awards grew through the years. Two Architectural League Gold Medal winners are now rated as architectural landmarks...
...goodly amount of information. In the long run, [editors] will discover that they cannot compete with TV in the variety field, and therefore that the future lies in the information area. Too many of them have abdicated this function to the news weeklies and to the silver-screen, gold-plated commentators. They had better move quickly to regain their news standing." Other Markel criticisms: ¶ "Talk about freedom of the press and freedom of information is being worn thin. There is too little said about the obligations of the press. Most editors' hackles rise when a reader suggests that...
Louisville physician, joins the Gold Rush hoping that some day he will return "laden with the treasures of Golconda, respected, envied by all, denied credit by none." His son Jaimie goes along mainly to escape high school, feeling himself "already educated to the point of absurdity." As they pick up companions along the way, the McPheeters party grows into as fine a concourse of nitwitted adventurers as ever washed a pan in greed. Among those present...