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Word: peg (lookup in dictionary) (lookup stats)
Dates: during 1960-1969
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Usage:

...plan has the particularly unattractive name of "crawling peg," but it has a notably attractive list of advocates. It was popularized largely by Princeton Economist Fritz Machlup, and lately has been advocated, in one form or another, by German Economics Minister Karl Schiller, French Finance Minister Valery Giscard d'Estaing and Hendrik Houtthaker, a member of the U.S. Council of Economic Advisers. Last week Guido Carli, governor of the Bank of Italy, also offered a crawling-peg plan...

Author: /time Magazine | Title: Money: A New Way to Reform | 7/18/1969 | See Source »

Step by Step. The 25-year-old system that the crawling peg would change is based on fixed exchange rates, under which currencies are valued in relation to the dollar and may range up or down by no more than 1% in foreign-exchange trading. Under the simplest form of crawling peg, if a currency were to sell for some months at the bottom of its 1% range, then its official value would automatically move down. On the other hand, if heavy demand were to make a currency sell persistently at the top of its range, its official value would...

Author: /time Magazine | Title: Money: A New Way to Reform | 7/18/1969 | See Source »

...suggests that Pegler's tough-guy cynicism was only a professional pose, wholly out of character with his personal feelings of shyness, insecurity and educational inadequacy. He vented his frustrations at the typewriter. Those who knew him best preferred the private Pegler. "Somebody should take the hide off Peg," wrote Fellow Columnist Heywood Broun when Pegler was on top, "because the stuff inside is so much better than the varnished surface." Pegler's professional hide seemed mainly to toughen as he grew older. When it finally cracked under the pressure of lawsuits and frustration over his advocacy...

Author: /time Magazine | Title: Columnists: Master of the Epithet | 7/4/1969 | See Source »

Although I feel that Khan in this production has jammed a square peg into a round hole, thus damaging the whole, I have to admit that his failure is never less than fascinating...

Author: By Caldwell Titcomb, | Title: Anti-War 'Henry V' Is Fascinating Failure | 6/30/1969 | See Source »

...author of this hedonistic, gormandizing prayer is a Christian clergyman of serene faith. For 20 years, Robert Farrar Capon, 43, has been an Episcopal priest in Port Jefferson, N.Y., an old Long Island shipbuilding town on the edge of the Manhattan commuter belt. He lives with his wife Peg, their six children, two cats (named Anthony and Bartholomew) and a nondescript dog in a century-old house adjoining his small white clapboard church. At dinner time, the sweet cooking aromas wafting out of the old rectory hint at the true nature of a man who is no ordinary country vicar...

Author: /time Magazine | Title: Clergy: A Cook for All Seasons | 4/4/1969 | See Source »

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