Word: rates
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Dates: during 1940-1949
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...could lay her hands on, Britain's reserves stood at only about $2.6 billion. If they fell to $1 billion, Britain would be too broke to act as banker for the sterling bloc, which might then fall apart. And gold and dollars were running off at a hemorrhagic rate of $200 million a month...
After the hue & cry over devaluation (TIME, Feb. 9), the trading was anticlimactic. The British and French governments took pains to keep it so, In the black market, the pound was selling for only 750 francs (little more than $2), compared with the official rate of 864 francs (official dollar price: $4.03). To keep cut-rate pounds from being used to buy British exports, Britain set up a new control system in Paris to make sure only pounds bought at the official rate were used in Anglo-French trade. The Dutch and the Belgians were expected to follow the British...
...screen; there is a little good writing which penetrates the West Coast hierarchy of editorial stupidity. Where "Panic" is exciting is in the mixture of completely repulsive characters with clever situation. You cannot like any of the people of "Panic"; yet the whole production is not only a first-rate thriller but a carefully balanced and superbly executed piece...
...displayed competence, energy, and imagination unsurpassed anywhere in the College. It has frequently sponsored unusual events of national interest. The Faure Festival two years ago, and last year's Symposium on Music Criticism exemplify this extra-curricular activity. And within its curriculum, the department offers both a first-rate selection of courses and a first-rate faculty...
...went on to say what a terrific guy her husband was and how the 16- and 17-year-old infants on his team had mauled everybody they played last fall. At any rate, whoever gets the job--Valpey, Glassford, Jordan, or even Skip Stahley--he will have to get it pretty soon. Time is running...