Word: money
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Dates: during 1950-1959
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...sees it, not only the interests of the U.S. but the interests of all the free world. In his global view, his policies at home and his policies abroad are interdependent, just as the U.S. and the rest of the free world are interdependent. By fighting for sound money at home, he can encourage freer world trade by keeping the world's reserve currency, the U.S. dollar, dependably stable. By persuading Western Europe to assume a fair share of the foreign-aid burden, he can help to slow the outflow of U.S. gold reserves and thus help to keep...
...Then we thought that because of America's trouble with Russia . . . this might be a pretty good move. Because if Italy went Communist, the whole of Africa would be open to Russia." He added: "If these people hang onto their stock, it will be worth a lot of money someday...
...banks, or for that matter to generous, impulsive gestures from strangers, the villagers were suspicious. But last week all save a few skeptics donned feast-day clothes to sign their names-or "X"-to their Bank of America stock certificates. Few had decided what to do with their money. "We wait until tomorrow," said one peasant. "I might buy a suit." allowed another. "And I'd like to see the Pope, only I'm afraid I'd get lost in Rome...
...money be found? Even a UNESCO spokesman seemed dubious because, as he put it, the only recompense would be "a few priceless treasures of history, perhaps not enough to attract the necessary funds...
Last week the plan's Consultative Committee met in Jogjakarta, Indonesia. That aging nationalist spellbinder, President Sukarno, opened the session with an oration proclaiming that Asians should reject everything from the West except its money. Asian as well as non-Asian delegates found Sukarno's program dated tiresome and useless. "The time has come for us to think less of the colonial past and more of what tasks in fact lie ahead of us," said Ceylon's Finance Minister Stanley de Zoysa, to the biggest applause of the session...