Word: konrads
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...world's sturdiest currencies. Soon after De Gaulle came to power in 1958, the nation's reserves were so close to exhaustion that he had no recourse but to devalue the franc. Offered two alternative proposals, the President, who is as innocent of economics as Konrad Adenauer or John Kennedy, gambled on a "strong plan." It wrung 17.5% from the franc's worth, and wiped out the black market in currency that was draining France's reserves...
...Aging Konrad Adenauer squeaked through the West German Cabinet crisis last week...
...time, it looked as if Chancellor Konrad Adenauer's political foes might at last have the pleasure of seeing the Old Man forced out of office. The scandal over the arrest and jailing of Publisher Rudolf Augstein and the top editors of the newsmagazine Der Spiegel (TIME, Nov. 9) had blown up into a national tempest, rocking the Cabinet itself. But in his half-century of political maneuvering, der Alte has learned what it takes to survive. Last week he squeaked through again-with a plan that probably will sacrifice his brawny, brawling Minister of Defense Franz Josef Strauss...
Mende telephoned the news to Konrad Adenauer in Bonn. As if he were doing der Alte a favor, Mende smoothly suggested that the resignation would enable the Chancellor to form a new government free of "personal liability.'' The liability he was talking about was Strauss. Adenauer's stony reply: "We will discuss...
...begun to react to these fowl blows. In Geneva, Senator J. William Fulbright from chicken-fat Arkansas interrupted a debate over nuclear weapons for NATO forces to protest Continental hostility to U.S. chickens. Conferring with Konrad Adenauer about Berlin this month, John Kennedy also brought up broilers. In Brussels two weeks ago, Agriculture Secretary Orville Freeman grimly announced: "We are not going to see our proper and historic export markets lightly taken away from...