Word: pound
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Dates: during 1950-1959
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...leftist government of David Ben-Gurion had just proclaimed a new devaluation-the second in 13 months. The government did not call it that, but, in simple fact, the Israeli pound, once pegged at $2.80 (and devalued last year to $1.40 for tourists, $1 for investors), has been devalued still further to a straight $1. (Even that figure is not realistic enough: the unsentimental Zurich money market values Israel's pound...
Israel, a harassed and overcrowded Utopia-in-the-desert, is now shaking down to a grim fight to hang on, if possible, until long-term improvements begin to pay off. Israel's scant monthly food ration -four ounces of meat, two pounds of potatoes, a pound of frozen cod-makes oldtime British austerity seem almost pleasurable. Unrationed goods are priced skyhigh: $20 for cotton overalls, $8 for a pair of sandals, a month-and-a-half's wages for a radio...
Competing against 25 others in the 123 pound division, Lee won five out of six bouts in two days, losing only to the eventual class champion, Dick Mueller of Minnesota...
...Newton commuter has won 28 consecutive dual matches in the 123 pound division and has never been defeated in this type of competition. He also won the National AAU championship his sophomore year, was an alternate on the 1951 Pan-American team, a member of the U.S.A. squad which toured Japan during the summer of 1951, and fourth in the tryouts for the 1952 Olympic team...
Velde may learn-but his two bad slips indicate that he is not one of the FBI's brighter products. A Congressman who thinks he is going to investigate churches needs to pound the beat a while before he gets promoted to the plain-clothes squad...