Word: pars
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Dates: during 1930-1939
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...cash it would be better to go back to barter than not trade at all. To speed the swapping, they suggested the establishment of "barter bonds," to be issued by each of the nations wishing to trade with Britain. The respective central banks would fix their own internal par value of such bonds in each case and they would be used instead of cash to pay for goods...
...their noses last week: the provisional budget for 1933-34. Squint as they might, the Cabinet of white-haired Premier Viscount Saito could not get away from two facts: Japan is faced with the biggest budget and the biggest deficit in her history. Expressed in yen at par the new budget is to balance at $1.100,000,000?a figure staggering in small Japan?with an expected deficit...
...Vare, five times national golf champion, who suffered the ignominy of a 10 & 8 defeat in last month's national finals, felt better last week. Winning the Berthyllyn Cup at Huntington Valley (Philadelphia) from Edith Quier, she dropped two strokes at the second hole and then, after two pars, made a hole-in-one, her first. Her 144-yd. No. 3 iron shot landed seven feet from the cup, bounced twice, plopped straight in. The match ended on the 12th green, 8 & 6 but Mrs. Vare played out the bye holes because her first nine score...
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