Word: pounded
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Dates: during 1960-1969
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...When it was born in 1933, the outgrowth of a men's-wear trade magazine, Editor Arnold Gingrich sought literary quality to complement his fashion features-and got it at $100 a story from Depression-pressed authors like F. Scott Fitzgerald, e. e. cummings, Dashiell Hammett, Ezra Pound, Thomas Wolfe and Thomas Mann. One exception: Ernest Hemingway, who characteristically demanded and got $200. Much of Esquire's fiction has remained on that level, with postwar bylines including Joyce Gary, William Faulkner, Aldous Huxley, Arthur Miller, Paddy Chayefsky, Sinclair Lewis, Albert Camus, Edward Albee, John Steinbeck and Truman Capote...
...Then he turned to the task of supplying food and water to the abysmally poor people-mostly jobless Palestinian refugees who had been living on the U.N. food dole of 1,500 calories a day. Last week the U.N. resumed feeding them, and Goren made Gaza's Egyptian pound exchangeable for Israeli currency to encourage Arab shopkeepers to reopen. At his behest, many town mayors agreed to return to their desks to handle the basic of civil administration. Arab police, stripped of their arms and Egyptian insignia, soon took over some of the civil patrolling from Israeli soldiers...
...second weapon is money. Croesus-rich Kuwait alone has nearly $3 billion deposited in British banks, figures that by withdrawing that much, it could topple the pound sterling. Even if the Kuwaitis switched their accounts to Swiss banks (at lower interest rates), the Swiss would simply deposit most of the money in London's City, which alone is equipped to handle the Arab world's huge deposits...
...phone housewives at appointed hours. They not only suggested menus but answered such arcane questions as how to cook an ostrich egg (boil it) or how to extract the flavor from a 6-in. vanilla bean (bury a 1-in. cutting from the bean for a month in a pound of sugar). Once when a hostess in Poughkeepsie, N.Y., complained that a case of turtle soup had not arrived, a Pierce salesman took an overnight train to deliver it in person - just in time for her party...
...handle reparations payments from World War I, the B.I.S. gained stature chiefly after the mid-'50s as European currency controls ended. From the regular meetings in Basel sprang such innovations as currency swaps, by means of which central bankers again and again have defeated speculators against the British pound, and the European gold pool, which has kept the price of the yellow metal stable for seven years (and did so once again during the Middle East crisis). Though the International Monetary Fund boasts vastly greater resources, the Basel Club's ability to provide a wobbly national currency with...