Word: levelism
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Dates: during 1960-1969
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Even so, inflation and the pound's revaluation have cut heavily into her income, which was set at its present level 18 years ago. Her commitments have remained heavy. Queen Elizabeth maintains two of her official residences, and each year must stage numerous ceremonies. She entertains a total of 24,000 official guests a year and must meet a payroll of 300 employees. The Queen could reduce her expenses by shutting down the Royal Mews, the part of Buckingham Palace that houses the state coaches, carriages, horses and cars. To do so, however, would seriously dim the luster...
...communities near airports can at last look forward to quieter skies. By 1971, FAA Associate Administrator Oscar Bakke announced last week, the aviation agency will most likely demand that the engines on some 2,100 existing commercial jets be muffled to reduce their noise to a still unspecified level...
...paper money is measured by the volatile free-market price of gold: the higher the price, the greater the doubts among investors as to the worth of currencies. Since, last month's upward revaluation of the West German mark, gold has dropped abruptly. From an early October level of $41.20 an oz., the price in London sank last week to as low as $37.75 an oz. The price break was the sharpest since private gold trading was freed from the $35-an-oz. official price of the metal in March...
...stability in the international monetary system. By allowing South Africa only a small official outlet for its metal and forcing it to make most of its sales on the private market, the U.S. obviously hopes to squeeze the private price of gold closer to the $35-an-oz. official level. So far that is just what is happening...
...stoicism and optimism-is equally good. What Pat and Roald lacks is more of Farrell himself: his own feelings about these people whose lives he has entered, or some audacious perceptions about the events that make up the story-something, at least, to raise this skillful book above the level of the tactful neutrality of its own professional competence...