Word: mischiefism
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...moved up from Agriculture to replace troublesome Peter Thorneycroft as shadow Defense Minister. Thorneycroft, whose wildly expensive projects for military aircraft had proved embarrassing to Sir Alec, was reassigned to shadow the Home Office, where he will have less chance to get into mischief. The irascible and erratic Quintin Hogg, who had contested Sir Alec's nomination as Prime Minister in 1963, was another casualty: he was replaced as shadow Minister of Education and Science, henceforth assigned only to undefined "special duties...
...many of his advisers, to attack the problem head-on with a strongly restrictive message. The U.S. gold stock dwindled by another $150 million last week, falling below $15 billion for the first time since 1939, and France's Charles de Gaulle was intent on making more mischief for the dollar (see WORLD BUSINESS). Johnson's advisers divided into "Hawks," who wanted to take strong measures to counter the payments deficit, and "Doves," who felt that stern restrictions would damage the nation. Johnson heeded the Doves, among them Commerce Secretary John Connor and President Donald C. Cook...
...Truly, it is nonsensical for us to ignore our long-dwindling but still very substantial gold supply [Jan. 22] to the point where a mischief-maker in world money markets can embarrass us (and predictably, old Mischief Maker Charles de Gaulle would be the one to do it). Let us recognize that after all, the domestic soundness of our dollar in our expanding economy is based not on an unreachable gold reserve but on responsible and enduring fiscal policies secured by the fabulous energy, brains and productivity of our people...
Forces Foreseen. Winston Leonard Spencer Churchill was an intensely human hero. He was easily moved to rage or tears; he delighted in mischief and rushed headlong into many an action that he was later to regret. If he was an Elizabethan in deed and spirit, he was implacably Victorian in his ideals and dedi cation to duty. When he became Prime Minister at the nadir of his nation's fortunes in 1940, he was 65-older than any other Allied or enemy leader. He had held more Cabinet posts than any other Briton in history; he had seen more...
...following De Gaulle's order, France will convert at least $300 million of its $1.3 billion hoard of dollars into gold-in addition to the $400 million to $500 million it routinely cashes in each year. De Gaulle thereby served notice that he intended not only to cause mischief for the American economic colossus, but to test the money system in its global entirety. The move was important not so much for its size as for the furor it caused and the specter it roused of what would happen if other dollar holders decided to imitate France...