Word: low
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Dates: during 1950-1959
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...Gaulle's first major steps towards putting France's house in order last December was stabilizing the franc at 493.7 to the dollar through a devaluation of 17.5%. The stabilization worked, but the low esteem of the franc as a unit of foreign exchange still rankled. This week the French Treasury put into effect Operation Le Franc Lourd (the heavy franc): by striking two zeros off all existing currency, the outside-France value of the franc jumped 100 times, to nearly five-to-the-dollar. The franc thus again became a respectable neighbor of the British shilling...
...government as a nation-binding cultural medium in a country that is strung-out, bilingual and unattractive to private networks. It tries to keep down its subsidy ($60 million this year) by selling commercials in a gentlemanly, low-pressure way. With its money, the CBC turns out a satisfactory and varied diet of Canadian-produced live and film programs, plus an occasional spectacular piped in from the U.S. The network's dilemmas are 1) how to be above politics when the government is paying the bills, and 2) how to apportion program production costs between the government...
...screen version of Grierson's Raid through the depths of Confederate territory during Grant's advance on Vicksburg. Summoning all her Southern charm, the proud beauty invites Wayne and his officers to dinner. Making the most of her downfall neckline, she leans low over the harried foe and offers him chicken: "What was yoah preference, thuh laig or thuh breast...
...education until 1947). A small-town Texan, he got into practice by reading the law in books that he bought on credit, became a top Dallas attorney and served as U.S. executive counsel at the Nürnberg war crimes trials. Asked to become dean of S.M.U.'s low-grade law school in 1947, he built it into a thriving, well-financed institution, one of the country's best. Four years later he launched the Legal Center (TIME, April 30, 1951; Sept. 10, 1956), a brilliant idea to give U.S. and foreign lawyers a headquarters for topflight research...
Rockets get their zip by means of a restrained explosion; the rapidly burning propellant must generate hot gases at precisely the right pressure. If the pressure is too low, the rocket does not fly; too high, and it bursts like a bomb. Very slight defects or miscalculations can raise the pressure to the danger point. The rocket can explode if the nozzle is a few thousandths of an inch too small. A solid propellant may crack, sharply increasing the burning rate. Unburned propellant can block the nozzle, or flame can burn a hole in the thin casing. As any Cape...