Word: lire
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Dates: during 1960-1969
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...tradition of charity, even on the level of almsgiving" of the church in Sicily. His fall from the faith he also attributes to the sermons of two Sicilian priests: one denounced a destitute congregation of peasants as "a pack of Jews" for failing to supply the church lire they did not have; the other instructed his peasant parishioners to ostracize sinners...
Monetary Reformes are considered necssary to keep the temporary payments deficits of any country from interfering with its ability to import. When Italy, or example, runs a deficit, foreigners equire more lire than they need. As they sell off surplus lire on world money markets, the price is pushed down...
Under IMF rules, Italy must buy up lire to support the price of its currency. To do his, it must dip into its reserves, using gold or another currency -- usually dollars -- to pay for the lire it buys...
...Poet, topped by a sharp-beaked head with a hole for an eye, the glassworker at some stages had the equivalent of a 100-lb. weight at the end of his long metal blowpipe. Le Corbusier's amber Bucrane went through 26 failures, costing about 3,000,000 lire ($5,000) in workers' wages and shattered glass. As for André Verdet's Red Character, Costantini spent three years simply studying the project...
...passed a law to erect his statue in Marsala, Sicily, but the technicalities took so long that inflation has made the original appropriation wildly inadequate. Having missed the 50th anniversary, Parliament decided in 1960 to try for the 100th. It passed a new law appropriating 90 million lire, but the design chosen required 200 million lire. The Ministry of Public Works approved the sum. The Court of Accounts said no, and for good measure annulled the 90 million-lire appropriation as well. Cleaning up the bureaucratic mess is the goal of the Department for the Reform of Public Administration, headed...