Word: goldings
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Dates: during 1960-1969
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FATHERS, by Herbert Gold. A basically sentimental celebration of fatherhood-Jewish fatherhood, in particular-that rises above itself because of the author's high craftsmanship, fine irony and strong sense of the absurd...
...sugar, corn, cocoa and tobacco. Within the vast solitudes of its mountains, rolling plains, winding rivers and lush, tropical rain forests, it contains the world's largest hydroelectric potential, one-seventh of the world's iron-ore reserves, 16% of its timber and an incalculable wealth of gold, silver, diamonds and other minerals and semi precious stones...
...seven years, Grechko has doubled as supreme commander of the Warsaw Pact ar mies, a post that the Kremlin last week gave to another Russian general. Grechko is something of a political hero as well: among the eight rows of medals on his chest is East Germany's Gold Order of Merit, which he won for suppressing the workers' uprising...
Shifting the Burden. David Rockefeller's Chase Manhattan bank, airing its views in its bimonthly "Business in Brief" bulletin, suggested that the nation make it "unmistakably clear that in a crisis" the U.S. would cease selling gold. Such a policy, the bank contended, would help shift to European countries "the burden of decision regarding the defense of the dollar"-a move that
...Manhattan implied might be a pretty sound idea. Two days later, President Rudolph A. Peterson of California's Bank of America went even fur ther. In a talk to the New York Chamber of Commerce, he argued that "as a last resort" the U.S. should refuse to sell gold if the gold drain becomes "intolerable." He added that "there is no overwhelming reason why we should sustain the dollar value of gold. We may have to reconsider our gold-buying policy...