Word: kroner
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Dates: during 1950-1959
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...giant of the North." Thousands of copies of his famed novels were mailed back to him or dumped on the doorstep of his south coast farmstead. Before he died in 1952, a Norwegian court blocked all the old man's bank accounts, imposed a fine of 425,000 kroner ($86,000), which was later reduced to 325,000 kroner...
This broadcast was the freebooting work of Copenhagen's Ib Fogh, 45, a tableware manufacturer who sees kroner in more than silver. He used an idea tried in other European countries, where free enterprisers have long livened the state-controlled air (and reaped the income of commercials). Example: French broadcasters have set up a commercial station beyond the reach of French regulation in tiny Andorra. Free Enterpriser Fogh incorporated himself in Liechtenstein as "Internationale Merkur Radio Anstalt," bought an ancient, 100-ton freighter and fixed her up with Panamanian registry, a 36-kw. transmitter, a towering g8-ft. antenna...
...first day of scheduled operation last month, the weather did better than the government. A fierce storm toppled the big antenna into the sea. Undaunted, Fogh made repairs. He already has contracts worth $292,000 from commercial-time sales. His goal: 800,000 steady listeners and a lot more kroner. Says he happily: "We hope to break the state monopoly and eventually get permission to operate on dry land. After that, we'll build a television transmitter as well...
...hungry citizens behind the Iron Curtain may well be impatient and undisciplined. More than 50,000 Czech citizens have managed to save the down payment of 20,000 kroner ($2,800) to get their name on the state waiting list for a new auto, but only 19,000 cars (out of a production of about 40,000) will be available for citizens this year. The rest will be shipped abroad to get precious foreign currency, or turned over to party members. Even at the official price tag of 27,000 kroner, a new car represents almost 100 weeks' wages...
...more of this type of American." Said Berlingske Tidende, Denmark's leading daily, after a Curtice press conference: "It was really felt that here was a magnate who had succeeded in performing the miracle to preserve his soul in company with an annual turnover of 70 thousand million kroner...