Word: metalized
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Dates: during 1960-1969
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...dollar is the only currency of a major world power that has escaped formal devaluation since the end of World War II. The U.S. supplies more than half of the gold in the London pool which was set up in 1961 to help stabilize the price of the metal within a few cents of its official U.S. price: $35 per oz. For 33 years that fixed price has been the cornerstone of the free world's international monetary arrangements. The U.S. is pledged to swap gold for dollars, at that price, to any foreign government that demands...
...performance against the resulting speculative pressure in foreign exchange markets. The biggest effect-accompanied by some temporary alarums-came in the gold market. Speculators poured buy orders into the eight-nation London gold pool. In a few hours, they snapped up an estimated $23 million worth of the metal. On Thanksgiving, sales not only shot up to a record $112 million in London, but the gold rush also spread to Paris and Zurich. The pressure, mainly from Europe and the Middle East, continued to mount on Friday, but the pool dug into its reserves to provide enough gold to satisfy...
...Mooney (who soon left to join Lockheed Aircraft) had recently designed. The plane was noisy, but its wooden-wing construction enabled Rachal to price it low; by 1959, the company was turning out 180 of the 150-m.p.h. craft a year. The following year, Rachal switched to an all-metal plane, the single-engine Mark 21. The rakishly styled plane grew more popular with the addition in 1964 of a gyro-driven control system that automatically keeps the plane on course without constant pilot corrections...
...Metal leg braces are all too familiar to the victims of such disorders as muscular dystrophy or polio. The double-bar braces are heavy and clumsy, with a stirrup under the instep, and they induce muscle atrophy by permitting the foot to move only up and down. In normal walking, the body's weight tends to throw the heel of each foot alternately either outward or inward, depending on the terrain, but such movement is prevented by the conventional brace...
...been introduced at the University of California Medical Center in San Francisco. The new device is bound to the leg by the familiar calf band of reinforced leather; an aluminum bar runs down the outside of the leg. At the ankle, it is hinged to a semicircular metal yoke that fits loosely around the heel of the shoe. This first hinge-type joint permits up-and-down motion. On the yoke behind the heel is a second joint bearing a metal pin that is screwed into the heel of the shoe. This permits sidewise motion...