Word: pars
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Dates: during 1950-1959
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...this vast single market, customs duties for coal & steel will be abolished. So will differential freight charges (i.e., cheaper rates for export over domestic markets). Inefficient mines and mills will be closed. This will apply particularly to Belgium, where a protective tariff has kept alive a number of sub-par enterprises. Within five years Belgian coal production will decline from 28 million to 23 million tons; owners of doomed mines will be compensated from an "equalization fund" contributed mainly by France and Germany; and the Belgian coal price, now 55% higher than the German, will fall to the single market...
Chief Rannou takes his responsibility in the preparation of this meat very seriously. A native of France, he points out that his countrymen have always considered horse meat a delicacy on a par with grouse and partridge. He speaks rapturously of a horse salami credited with unmatched mellowness...
...Pinehurst, N.C., Slammin' Sam Snead over the field, with a 13-under-par 275, for his second consecutive (third altogether)North and South open golf title. ¶ In Brisbane, Australian Tennis Champion Frank Sedgman over U.S. Champion Art Larsen, a smashing, 6-2, 6-4, 6-2 victory for the Queensland title. ¶ In Baltimore, the Greentree Stable's One Hitter, twice conqueror of Noor, over a second-rate field for the winner-take-all $15,000 Pimlico Special. ¶ In Manhattan, perennial (22 years) world Court Tennis Champion Pierre Etchebaster (TIME, Dec. 26) over Challenger Alastair Martin...
...speculators who thought they saw a sure thing. Canada's trade was brisk, her U.S. dollar reserves mounting to a record high. The Canadian dollar was obviously worth more than its quoted price of 90? U.S., and revaluation seemed certain. If it should be hiked to its old par value of 100 U.S. cents, an investor would stand to reap a quick 10% profit...
...four-character drama, each actor is unusually important. To complete the indictment, all four performances are under par, probably due to the fundamental absurdity of the dialogue. Guthrie McClintic's direction is not especially impressive, nor, for that matter, especially evident. "Burning Bright" will not do much to further the professional careers of those in any way responsible...