Word: peseta
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...dress for dinner in semitropical climates. They encouraged Mallorcans to keep prices amazingly low ($1 a day for hotel room & meals). They swam staidly in the little blue bays, played tennis at the Royal Lawn Tennis Club, in El Terreno, swank suburb of medieval Palma. But in 1931 the peseta sank to a new low and a new horde overran Mallorca: U. S. hard-drinkers who wanted to live like characters in a novel by Ernest Hemingway. They set up their own bars in Mallorca's famed caves. They started a fad of imitating a peacock's screech...
...children, was a story about a 10-year-old Spaniard named Rafael and a donkey he found abandoned at the foot of a cliff. Uncle Bastiano and Aunt Ana did not care for their nephew's asinine Juanita. On St. Anthony's Eve, Rafael begged a peseta on the road, set out to have Juanita bedecked and blessed next day in front of the church. "Surely," thought he, "the Gentle Lord would heed his prayer that he and Juanita might not be separated." Sure enough, after the priest blessed Juanita, along with other donkeys, mules and horses...
...outbreak of the War President Wilson called Mr. Davis to Washington as a $1-a-year man in the Treasury, sent him to Spain to stabilize the peseta and thus facilitate U. S. Army purchases there. In Paris he served as a member of the Supreme Economic Council, the Armistice Commission, the Reparations Commission, the U. S. Peace Commission. When France imposed its first indemnity on Germany, Mr. Davis exclaimed: "The French have not only plucked this bird but now they're going to keep it from flying." During the last nine months of the Wilson Administration as Undersecretary...
...Spanish peseta, still stamped with the portrait of Alfonso XIII, slumped last week to a new low for all time: 11.56 pesetas to the dollar (at par 5.18 pesetas equal...
Spanish Reaction. The peseta held steady on news of disestablishment, rising fractionally from 11.06 to 11.12 to the dollar in Madrid. Riots between Catholics and anti-Catholics occurred at Barcelona and Valladolid but Spain as a whole remained calm. "In my opinion," declared President Azana immediately after taking office, "Spain has ceased to be a Roman Catholic country...