Word: hold
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Dates: during 1970-1979
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...dollar glut. Due to heavy foreign spending, first to pay for the Viet Nam War, more recently for oil imports, the U.S. has exported enough dollars in the past decade to boost the reserves held by foreign central banks from $24 billion to $300 billion. Private international banks hold another $600 billion in Eurodollars, which are dollars loaned abroad...
...private holders are reluctant to accept any more dollars, whose value declines almost daily. OPEC countries in particular are attempting to put new oil earnings into marks, yen or gold. Says Washington Economic Consultant Harald Malmgren: "The Arabs have learned that they pump oil out of the sand, hold the dollars, and the dollars turn back to sand." Nervous central bankers also fear that dollar holders will suddenly try to move large funds into another currency or into gold. Warns Karl Otto Pohl, president-designate of the German Bundesbank: "If this mass of dollars ever begins to crumble, it could...
...Woonsocket, R.I., is the theater man, teamed with a couple of aristocratic young backers, one named Binky and the other called Lord Nectarine of Walham Green. Their firm is called Sperm Productions, and the show that he is trying to produce is called Kiss It, Don't Hold It, It's Too Hot. The funny names suggest that we are in P.G. Wodehouse country. So does the buckety-buckety pace of the book, as Schultz careers from misfortune to disaster in his efforts to produce what is evidently going to be his fourth straight flop...
Lear's entourage--Martha Jussaume's Cordelia, Tom Dinger's Fool, Richard McElvain's Kent--clearly got the word from Cain to "be loving," to be tender, to fit his interpretation of the play in the program notes. They hug each other a lot, hold each other's arms, "are supportive," as the psychologists say; they form pieta-like tableaux of familial affection. There's little wrong with that, and it might make a valid production of Lear someday, but all the actors--not just the nuclear family--would have to work towards realizing it, and the director would have...
...didn't, and two weeks later the first ever Harvard football cheerleading squad is still alive and kicking with a $500 budget, a set of megaphones and a year's supply of bobby socks to its name. And they intend to hold their own, Teresa Coutu '81 announces, proud that she is part of the "start of a tradition, a Harvard tradition...