Word: rosee
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Dates: during 1960-1969
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...Poor Seventh. The crisis is reflected in the figures. Economic assistance rose steadily through the 1950s, but after 1967, when it reached a peak of $7 billion, it began receding. Last year the total dipped to $6.9 billion -while worldwide arms spending neared $150 billion. Japan, Australia and Switzerland have increased their contribution; Germany, Canada, The Netherlands and the Scandinavian countries plan to do so soon. But there have been cutbacks in Belgium, Italy, Britain-and the U.S. which still dispenses almost as much aid as all the other countries combined...
...have been an invitation to disaster. The assumption behind the IMF fixed-exchange rules is that uncertainty about what a major currency is worth from day to day will paralyze world trade and investment. Instead, trading in German money was heavy but orderly, and the mark's price rose 6%, to about 2610. Britain's Exchequer Chancellor Roy Jenkins summed up the situation as "very calm, all very calm...
Shift to Realism. Moneymen seemed relieved that Germany would no longer try to keep the mark at the unrealistically low price that had allowed the country to pile up enormous trade surpluses to the detriment of the economies and currencies of other nations. As the mark rose, the French franc dipped, then climbed back at week's end. Traders saw new hope that the combination of the recent 12.5% French devaluation and an eventual German revaluation would add up to almost a 20% shift in the official values of the two currencies-making the difference in their formal exchange...
...number of Harvard personnel living off-campus in Cambridge rose from 5120 in 1958 to 6858 last year, with most of the increase at the graduate student level...
There was time left for a Crimson score and Harvard had three more sets of downs. But the B. U. line and secondary rose to the occasion, and Harvard's chances ended when Rick Versocki and his linemates smothered Champi far behind the line of serimmage on fourth