Word: pound
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Dates: during 1940-1949
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Harvard's Joe Kozol meets the same man he decisioned last December; MIT has a New England freshman champ in 128-pound Larry Foley, but Foley injured a rib during Tech's 22-12 win over Tufts last week and is not wrestling today. His place will be taken by a man who was pinned by Dave Smith last year...
...broken foot will keep Sam Felton, Business School athlete and national AAU indoor champion, out of Saturday's invitation 35-pound weight throw at Briggs Cage...
...Substantial improvement in the intra-European payments scheme to make convertibility of currency easier, i.e., to make the pound, the franc, and other national currencies eventually equally acceptable anywhere within Europe...
...Stafford Cripps, who thought the British government had devalued the pound to rock bottom, brushed off the cheap pounds as insignificant. But exporters estimated that $60 million a year are being lost by Britain by use of the cheap pounds to pay for British exports. Britain had hoped to plug such leaks when she devalued in the first place...
Eying the dollar loss, some exchange experts thought that the pound might be in for more trouble, unless Britain removed her strict controls on its use. Warned the Wall Street Journal: "The pound is still a hobbled currency . . . The man who holds a pound sterling, with its limited usefulness, still wants to swap it for U.S. dollars or other money that is spendable anywhere any time . . . Under such circumstances, there is no 'rockbottom' price [for the pound...