Word: poundings
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Dates: during 1940-1949
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...Pound. The rest of Washington apparently agreed. While the President closeted himself in the White House for a conference with State Department officials on the Far East, the Shah was whirled off through a busy schedule of sightseeing, wreath-laying and conferences at Mount Vernon, Annapolis and the Pentagon, a formal dinner with Secretary of Slate Dean Acheson. At a luncheon given by the Overseas Writers, the Shah, who learned English in school in Switzerland, struck just the right note by announcing: "You are all, I am told, what is called 'working' newspapermen. I work...
...around the U.S., Harry Truman settled down to routine. A little fat from his long desk-bound summer, he had been roped into a reducing contest with Brigadier General Wallace Graham, the White House physician, and his portly military aide, Major General Harry Vaughan. The President still had three pounds to lose by Thanksgiving Day (to 175). Then, after accounts were settled (at $10 for every overweight pound), he would head for three weeks at Key West and his first real vacation since last March...
Britain's Labor government and British labor were heading for a showdown. For more than two years, the trade unions had grudgingly gone along with the government's policy of virtually freezing wages & prices. But when devaluation of the pound thawed out some prices and sent them climbing upwards, the unions' rank & file rebelled. Britain's T.U.C. (Trades Union Congress) presented new demands: higher wages, more government subsidies to keep food prices down, additional taxes to cut down business profits...
...free" markets of the world, the British pound, which was devalued to $2.80 last September, was being unofficially devalued still further. The pound was selling for $2.47 in New York City, was off 6% from its pegged price in Paris, 11% in Brussels...
...only solution the British government, which sets the pound limit, can offer is that the men attend English colleges. It points out that every pound taken out of the country further weakens her economic position. This is good economic sense; it is unfortunate that the ideal of student exchange has suffered as a result...