Word: localize
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Dates: during 1950-1959
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...went into debt, its IOUs were good, at least at the beginning. But the rules of the game made it tough on reckless losers: the moreIOUs a nation wrote, the larger the proportion of its debts it would have to settle in gold or dollars, instead of in its local currency. A converse rule protected the bank from over-lucky winners: the more credits a nation piled up, the smaller percentage of its surplus could be cashed in gold...
...constant stream of tourists, the citizens of Stratford on Avon (pop. 15,000) decided that Famous Son William Shakespeare was too much with them these days. To satisfy their complaints, the town council voted to spend up to $560 a week to bring ordinary vaudeville shows to a local music hall...
...generations of churchgoers, he has preached his same steady brand of orthodoxy, with the same grave eloquence. Sunday mornings and evenings, a good half of his 2,500-member congregation make their way downtown from outlying residential districts to hear him preach. On Tuesdays, as many as 600 local businessmen drop in at the First Church for his noon meetings (a cafeteria lunch and two short sermons...
...Planes and ships, loaded to capacity, were already disembarking the advance guard of an expected 40,000 foreign visitors to the Olympic Games at Finland's capital. Helsinki's main boulevard, the Mannerheimintie, was lined with store windows displaying the five-colored Olympic rings. In the 10 local newspapers, news of the imminent games almost crowded out the G.O.P. convention in Chicago and the war in Korea. Some householders were demanding, and getting, sky-high prices for bed & board. Helsinki's restaurants hurriedly recruited an extra 2,500 helpers, who were subjected to a brief course...
...Baron Erik von Frenckell, Helsinki's mayor, proclaimed this week the traditional "Olympic truce" (a throwback to the B.C. days when the Greeks called off their local wars to celebrate the games), there were a few inevitable rhubarbs. Both Nationalist and Red China, along with East Germany, suddenly and belatedly demanded admission for their teams. Bulgaria, which drew Russia in a first-round soccer match, complained bitterly when a soccer "unknown," The Netherlands West Indies, drew a first-round...