Word: goldings
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Dates: during 1960-1969
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Last week the U.S.'s gold stocks sank to a 26-year low: $14.8 billion. The Treasury let it be known that not only France and Spain but also Belgium, The Netherlands and Switzerland traded in dollars for gold during the last quarter of 1964. West Germany's leading private banker, Hermann Abs, privately urged his government to exchange some of its dollars for gold (Chancellor Erhard has turned him down so far). And the Common Market issued a scolding report, predicting that its members would drain off more U.S. gold unless the U.S. quickly put its house...
This golden tide owes its swell chiefly to Switzerland's reputation for neutrality, conservatism and sound currency. (Today, the Swiss franc is backed more than 100% by gold.) The Swiss have sheltered foreign possessions as well as people through the Thirty Years' War, the Huguenot persecutions, the 1848 revolutions, and the last three major wars in Europe...
...GOLD OF THE RIVER SEA by Char/fon Ogburn Jr. 534 pages. Morrow...
...need of a quest. He finds it on the day he is offered a job working in Brazil for a man named Joao Monteiro, who is trying to interest Wall Street capital in a mining concession on the Massaranduba River, a major tributary far up the Amazon. There is gold in the Massaranduba valley, and rumors of diamonds and emeralds as well. But what fires Jul ian is the chance to explore the tropic frontier, to prospect and map the river and rain forest, to test himself against extreme physical hardships while at the same time proving himself...
...upset because her father, a U.S. diplomat, is so absolutely sweet and wonderful but a hopeless drunk. She is further upset when Pope John dies; so, naturally, she allows her new friend to take her virginity. She is still further upset when he tries to inveigle her into gold smuggling. But with entire predictability, she at last saves him from himself, and the book comes to a stop in a soft pink snowbank. The novel is a skillful, showy little exhibition-but a disappointment from an author who has produced such championship performances as The Roots of Heaven...