Word: pound
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Dates: during 1960-1969
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...expected to find some reference to the devaluation of the British pound in your November 24th issue, but I never expected the more than three-page cover article, so thoughtfully and clearly put. May I be allowed to congratulate you and your staff on a first-class piece of really rapid work. J. D. TYTLER New Delhi...
...important-and not only to the U.S.-not to let the pound go down until influential people had got it through their heads that the American dollar would not follow sterling. Historians may well see it as a curious case, moreover, that the very "weakening" of the dollar in conventional balance of payments terms may have been a necessary part of the process by which its underlying strength has gradually been revealed. The strength of the dollar is not to be measured by conventional tests. The moves by speculators do not reflect a real threat to the dollar. What they...
Preparations for the first family wedding in the White House in 53 years engulfed the presidential menage. Pastry chefs put the finishing touches on a five-tiered, 5-ft.-tall pound cake topped by a spun-sugar basket. White House florists kept a close eye on the white roses that will fill the basket. Calligraphers, their labors done, studied their handiwork on 500 invitations and "carriage cards" (for parking assignments). While aides carefully clocked the whole ceremony in advance, Lynda Bird John son underwent final fittings of the white faille wedding gown created for her by Mod Couturier Geoffrey Beene...
When James Callaghan rose in the House of Commons two weeks ago after announcing that Britain had devalued the pound, a Tory frontbencher shouted: "The Chancellor is an honor able man. Will he resign?" Last week Callaghan resigned as Chancellor of the Exchequer. Harold Wilson moved him over to the Home Office and replaced him at the Treasury with Home Secretary Roy Jenkins, 48, a tough but suave economist who may be one of the few Laborites to gain from the par ty's recent embarrassments - provided that he can help extricate Britain from its present economic morass...
...Council will include nine full professors--Rogers G. Albritton, Bruce Chalmers, Merle Fainsod, Oscar Handlin, Stanley H. Hoffmann, Samuel P. Huntington, Ernest R. May, Anthony G. Oettinger '51, and Robert V. Pound...