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...took advantage of the favorable rates to buy a dressing table for her new apartment. "I searched one of the famous Parisian flea markets for an antique coiffeuse," she says. "It is precisely what I wanted: a place to fix my coiffure. I found one 19th century piece in mint condition and at a good price, but it had just been bought by another American, who was paying an additional $500 to ship it to New York. Maybe the exchange rate is getting a little too favorable." Phillips, a budding oenophile, is hoping the healthy dollar will help expand another...

Author: /time Magazine | Title: A Letter From the Publisher: Apr. 22, 1985 | 4/22/1985 | See Source »

...Wait, Wanda! I want to say a word about retroendorsements. You know what I mean--endorsements that might have been if other people had been as alert as Gerry. I'm thinking of Abe Lincoln for Log Cabin syrup, Torquemada for flame-broiled whoppers or Judas Iscariot for Franklin Mint silver coins. With artistic control, Judas wouldn't actually have to hold the coins up or anything. His kids could be shown flipping them casually in the background among the Roman soldiers...

Author: /time Magazine | Title: Sexes: Pitching Motherhood and Pepsi | 4/1/1985 | See Source »

...Thousands of raving, stumbling drunks, getting angrier and angrier they lose more an more money. By midafternoon they'll be gazzling mint with both hands and vomiting on each other between races. The whole place will be jammed with bodies, shoulder shoulder. It's hard to move around. The aisles will be stick with vomit, people falling down and grabbing at your legs to keep from getting stomped. Drunks passing on themselves in the betting lines. Dropping handfuls of money and fighting to stoop over and pick it up. Hunter S. Thompson. "The Kentucky Derby Is Decadent and Depraved...

Author: By Paul W. Green, | Title: Derby Daze | 3/5/1985 | See Source »

...First issued in 1797, it is being replaced by a thick metal-alloy coin. Like the Susan B. Anthony dollar in the U.S., the heavy coin has been unpopular. But since the useful life of a paper pound is ten months, vs. 40 years for the coin, the Royal Mint expects to save $3.75 million a year. The British have already dubbed the new coin the Maggie, after Prime Minister Margaret Thatcher, because it is hard, rough around the edges and, says one Member of Parliament, "pretends to be a sovereign...

Author: /time Magazine | Title: Currencies: Out for ha'penny, out for a pound | 11/26/1984 | See Source »

Katherine Ortega's role as Treasurer of the U.S. is much more than "largely honorific" [NATION, Aug. 20]. Ortega, the G.O.P. keynote speaker, is responsible for three major agencies within the Department of the Treasury: the U.S. Savings Bonds Division, the Bureau of Mint and the Bureau of Engraving and Printing. She supervises more than 5,000 employees and manages a budget of some $280 million. Under her supervision, holdings of U.S. savings bonds have risen nearly 11%, to well over $73 billion. Ortega is a decisive, take-charge leader...

Author: /time Magazine | Title: Letters: Sep. 17, 1984 | 9/17/1984 | See Source »

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