Word: pounded
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Dates: during 1960-1969
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...years, Wilson from the beginning has acted like a man with an overwhelming mandate instead of the narrow four-vote majority with which he squeaked into office last October. At home, he has proved deft and effective in managing the balance-of-payments crisis that nearly shipwrecked the pound. Tough as any Tory, he slapped higher taxes and fees on those workingman staples toddy, tobacco and the telly, and the rank and file scarcely noticed, so busy were they applauding his simultaneous thwack on the expense-account set. Abroad, Wilson has managed to get on agreeably with the leaders...
Harvard's varsity tennis team had to its lineup a bit Saturday because injuries, but the Crimson still managed pound Amherst...
When and if the Caspian closes down, the world's high livers will have to adjust their taste buds to Canadian caviar -a slightly sweeter version that currently sells fresh for about $20 a pound (v. about $50 a pound for fresh Russian caviar). But even this supply is limited. Canadian industrial growth may limit it still more, and the taste of the tiny grey fish eggs exploding on the tongue may soon be a fading memory...
While striving to keep the peace and maintain its own prosperity, the Western world in recent months has faced an unusual series of crises and alarums involving its monetary system. The pound has been attacked, the dollar's value questioned; gold is again and again the subject of debate. To narrow its payments gap, the U.S. has had to slash its foreign lending and investment-and has done it so successfully that many Europeans are now worrying about a money shortage. The latest development came last week when Britain, in an effort to correct its payments deficit, was forced...
...also called for the Group of Ten to create its own money, but he wants to use it only as a minor supplement to gold. France's main aim is to upgrade the importance of gold, of which it has plenty, and downgrade the dollar and the pound. The Common Market is talking about printing a six-nation money, and its economic chief, Robert Marjolin, figures that such a move could later open the way for a Group of Ten money. The U.S. opposes the idea of a Group of Ten money because, although it belongs to the Group...