Word: redeemability
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Dates: during 1960-1969
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...Hindemith's rarely performed Cardillac. Premiered in 1926, the opera -a starkly sketched exercise in early expressionism-is hardly everyone's cup of tea. Yet as interpreted by Director Rudolf Hartmann and Fischer-Dieskau, cast as a goldsmith who peddles his handiwork by day only to redeem it at night by killing off his customers, Cardillac proved the surprise hit of the month-long festival. Stable Serenade. At 40, Fischer-Dieskau is a comparative newcomer to the world's opera houses. Long the foremost interpreter of German lieder, he only recently turned to opera on a more...
...their currency with dollars and pounds. Every central bank has the legal right to convert its dollars to pounds at the rate set by the U.S. Treasury: 35 dollars to the ounce. But every central bank knows that the U.S. Treasury just doesn't have enough gold to redeem every dollar in foreign hands. Therefore, every central bank is reluctant to hold dollars as reserves when other central banks are exchanging their own dollars for gold...
...immoralists merely seek to show the world as they see it, in all its horror and lovelessness; but that is simply the old error of confusing art with event, a propagation of the notion that a novel trying to convey dullness must be dull. Sheer nightmare does not redeem a book any more than sheer polly-annaism. The Genet-Burroughs crowd, including such lesser sensationalists as John Rechy (City of Night) and Hubert Selby (Last Exit to Brooklyn), are not pornographers, if pornography is defined as arousing sexual excitement. These writers have created a pornography of nausea, which if anything...
...This system depends on the world's confidence that the dollar may be exchanged in the United States for a set amount of gold. And, although the Treasury stands ready to exchange one ounce of gold for every 35 dollars, the United States does not have enough gold to redeem every dollar outstanding at this rate...
...chiefly in response to Martin Luther King's call for help. Responding to desperate calls for help would seem to be appropriate clerical behavior. We went as an act of deliberate identification with those in need whose cause is just, to lend encouragement and support, and hopefully to redeem in part our past record of passivity and neutralism. We went as American citizens deploring and protesting Wallace's disfiguration of American democracy. In Montgomery we discovered another reason for being present. Justice Department men encouraged us to join the march on the county courthouse on March...