Word: pounding
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Dates: during 1950-1959
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Defense of the Pound. For Great Britain, desperately battling to keep steady the value of the pound, he also had some encouragement. "On the basis of present indications, sterling is certainly not overvalued...
...that was a fact that Britain had yet to prove to the speculators and merchants of the world. The speculators had sold the pound short in the hope of devaluation, or had sold it to buy German marks in the hope that they would be revalued upwards, possibly both steps to be taken at the fund meeting. Merchants had engaged in a game of what Jacobsson called "leads and lags." The leaders (British importers) had sold sterling to buy dollars and other foreign currencies to pay their bills well in advance of due dates, thus save money come devaluation...
...steel mill. He died before his plans could be carried out, but three years later, in 1907, his sons started such a mill. Informed of their plans, Sir Frederick Upcott, chairman of the board of Indian Railways, said that Indians were incapable of making steel, swore to eat every pound of rail produced. When British banks refused to finance the Tatas, they turned to their own people. Shopkeepers and maharajas stood in line to invest the fabulous...
Opposite Boulris at right half will probably be 170-pound scatback Don Gerety. Early season scrimmages indicated that Bill Crowley, a fast 200-pounder just returned from a tour of duty with the Army, would play in this position, but Crowley has been out of action with a cold for several days, and Yovicsin has put Gerety in the top position...
...Woman's Secret. In Columbus, Ohio, after police, alerted by suspicious merchants, followed Catherine Clegg, 34, found in her car and in a trick skirt, a chicken, two pounds of butter, a small ham, oranges, a package of chopped beef, a pound of perch, a pound of bacon, a steak, a box of Kleenex, a bottle of milk of magnesia, two kinds of toilet soap, two bottles of headache tablets, a couple of combs, a bottle of shampoo and two kinds of hair bleach-almost none of which had been paid for-she explained: "I didn...