Word: poundingly
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Dates: during 1960-1969
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...first half of 1966, the industry sold a record 708,939 cars. Prospects were good for the second half as well. But, in July, the Labor government drastically tightened credit to help the ailing pound. Typically, the anti-inflationary measures bore down hard on car buying. The 25% auto-purchase tax was increased to 27½%, minimum down payments were hiked from 25% to 40%, and the time allowed for payments was cut from 27 to 24 months. British governments invariably excuse such controls by claiming that cars are just luxury items. What with the tough new rules, potential auto...
...drastic measures will cut consumption and restrain an economy that has been living beyond its means, thus helping to stabilize the pound. Or so the government hopes. On the other hand, there may be dangerous side effects. British auto sales abroad are the country's biggest earner of foreign exchange, brought home $2.2 billion last year. Because of the sharp drop in sales at home, British automakers may well have to raise their export prices to uncompetitive levels or sell their cars abroad at a loss. In any case, the leading exporter, British Ford, expects that this year Britain...
...fellow who makes Cornell's ground game work is Pete Larson, a 195-pound halfback who is a powerful runner with breakaway speed. He ranks fifth among the nation's rushers and has picked up over 100 yards in each of the games this season. Watch Number 40 today; that's Larson, Cornell's own Bobby...
...Burton, Colgate's 160-pound quarterback sensation, and teammate Mary Hubbard, a 220-pound halfback, give the Red Raiders sufficient outside and inside running to drive the Tigers into frustration. In the past three years, Princeton has defeated Colgate by 40-0, 9-0, and 27-0, but today is the Tigers' day to be losers. Colgate should...
...alternative. During Labor's two years in office, wages of British workers rose 21 times faster than productivity. It was the continuation of a decade-old trend that has priced many British goods out of the world market, brought inflation at home, and imperiled the value of the pound sterling (TIME ESSAY, Sept...