Word: goldings
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Dates: during 1960-1969
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...Seretse's domain is joined with South Africa in a customs union, uses South African currency, and in the past has cooperated in transportation, trade, health and general development with Dr. Hendrik Verwoerd's regime. Indeed, some 30,000 Bechuanas depend on employment in the South African gold fields for a livelihood...
...Incas and conquistadores mined mainly gold and silver. Now Peru produces everything from antimony to zinc, and the U.S. companies that do the bulk of the mining are in the mood to expand. Marcona Mining Co. plans to triple the capacity of its $20 million iron-ore pelletizing plant on Peru's southern coast; Southern Peru Copper Corp. is investing $16 million for improvements; and the king of the mountain, Cerro de Pasco Corp., has just earmarked $18 million to expand its $270 million mining complex. Next month General Motors will open a $5,000,000 assembly plant outside...
Selling the Evidence. Dawn, 27, has always had a flair for making waves, in the pool and out. The strapping (5 ft. 9 in., 150 Ibs.) daughter of a Sydney shipwright, now married to a bookmaker, she has broken 36 world records, won four Olympic gold medals. She was the first woman to crack 1 min. for the 110-yd. free style, the only swimmer of either sex to win the same event (the 100 meters) in three successive Olympic competitions. ("If I had been able to swim nude," she says, "I'm sure I would have broken...
...What is needed, Watson told the Detroit Economic Club, is "a system that will give the free world elbow room to grow, without these unending balance-of-payments crises that alternately hound us and Europe." He asked: "Why not create a new kind of currency backed not only by gold but also by the assets of American business abroad...
...that those assets are in the wrong form. U.S. foreign holdings are mostly factories and other long-term investments, while overall foreign claims against the dollar are concentrated in such quickly convertible assets as stocks and dollars themselves. Foreigners can -and do-easily exchange those assets for U.S. gold...