Word: poundingly
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...letters of this extraordinary man. The impressive range of correspondents reflects MacLeish's wide-ranging interests and his knack for getting involved with the public of his time. He was particularly close to Amy Lowell, Dean Acheson, and Ernest Hemingway. He wrote often to Henry Luce, Ezra Pound, Robert Frost, and T. S. Eliot '10, and occasionally to Felix Frankfurter. J. Robert Oppenheimer and F.D.R. And the letters are full of MacLeish's articulate and often beautifully phrased observations on everything from political campaign strategies to the function of poetry. What emerges is a cohesive portrait of a powerful...
MacLeish himself never regretted the decision, though there certainly were--and are--many who would call him a less than first-rate poet. His early work was justly criticized as overly derivative of T.S. Eliot and Ezra Pound, a weakness MacLeish himself partially acknowledges. And though his voice became more distinctive in his poetry of the 1930s, even his best work was criticized as unoriginal. But the observations on poetry and criticism scattered through these letters indicate a coherent and convincing defense against such charges...
That cynical view was shared by the Prime Minister's critics at home, who insisted that she was merely trying to deflect public attention from raging unemployment (now 13.3%) and the alarming decline of the pound. Sterling dropped to an alltime low of $1.56 on foreign exchange markets briefly last week...
Maintaining the pound may prove similarly difficult. With last week's slide, the value of sterling has dropped some 13% since Oct. 12, when the bout of jitters began. The Labor Party's shadow chancellor of the exchequer, Peter Shore, called the decline "yet further evidence of the failure and incompetence of this government's economic policies...
...should help encourage speculators to keep their money in Britain. As soon as she arrived from the airport, Thatcher met with a team of Treasury officials at her Downing Street office. Tired as she was, the Prime Minister was expected to apply another brisk dose of resolution to the pound's neurotic behavior. As her Treasury aides pointed out, inflation in Britain has fallen in the last year from 12% to about 6%. Government budget deficits have been brought under control, the trade balance is in healthy surplus, and unit labor costs are rising by a modest...