Word: pound
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Dates: during 1960-1969
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Trying to preserve the value of the pound is a frustrating and sometimes exasperating task. Noting that British unions continue to make inflationary demands while management clings to ancient inefficiencies, Prime Minister Harold Wilson recently accused Britons of "sheer damn laziness," demanded of both sides "a full day's work for a full day's pay." But despite Wilson's exhortations and despite his government's voluntary "prices and incomes policy," which aims at limiting wage escalation to 3.5% annually, wages last year jumped by 8% while prices rose by 4.5%. Productivity increased only...
...Durfee, recovered from an injury, returns to the Harvard lineup at 145. It's a good thing, since several different wrestlers tried to fill in at the weight class during Durfee's absence and shared an almost total lack of success. Both teams have agreed to wrestle a 115-pound match. Sophomore Andy Kopecki will start at that weight for the Crimson...
Harvard got off to a quick 8-0 lead as the Lions' Simon Olstein injured his elbow in the first period of the 123-pound event and defaulted to Howie Henjyoji. Bing Sung, wrestling 130 for Harvard, followed with a 4-1 decision over Martin Wasserman...
Columbia's two best wrestlers, 177 pound Dave Morash and 191-pounder Pete Saltzer, each won easily, as Morash pounced Jeff Grant, 10 to 2, and Saltzer pinned Bill Malugen...
...came as a countersuggestion to another cru scheme put forth by the French. Unhappy that the dollar and pound alone have special status, the French have argued for a return, of a sort, to the gold standard. The French cru would be issued in proportion to each country's supply of gold; settlement of payments between nations would be made partly in gold, partly in crus. Finally, the French want supervision of the cru system to be in the hands of the Group of Ten, which holds most of the world's reserves...