Word: rosee
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Dates: during 1980-1989
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Londoners have feared that the same fate would befall the two newest finds. The remains of the Rose were unexpectedly discovered last February after an office building was demolished on the south bank of the Thames in preparation for the erection of a new nine-story complex. The archaeological team sent to the site knew the area had been the Elizabethan theater district, but no one expected to find vestiges of the Rose, which was built in 1587. The team stumbled onto chalk foundations, sloped mortar flooring and, most astonishingly, the base of the stage 6 ft. below the ground...
...doubt the archaeological value of either the Rose or the Roman baths. But the stumbling block in preservation efforts is money. In granting a temporary reprieve to the Rose, the government had to pledge as much as $1.65 million to the building's developers to cover the costs of delays in construction. And officials admit that revoking permission to build at Huggin Hill could run the government's liability as high as $40 million...
...central- heating system will be covered with foam and wood before the whole site is filled in with sand; a planned two-story basement will be built at another location so that only a small section of a Roman retaining wall will need to be destroyed. Developers of the Rose site have also proposed re-covering the remains. But critics say the theater fragments are too fragile for such treatment. Moreover, construction plans still call for 20 concrete piles, some of which would be driven through what is left of the theater...
Worst of all, both historical sites would stay out of public view. One solution still being considered for the Rose is to incorporate the remains into the new building. London has used that remedy successfully several times. For example, a 12-ft.-high portion of the Roman wall that once encircled Londinium forms part of the basement wall of a new office building; pedestrians peek in through sidewalk windows. Allowing the Rose, the only Elizabethan theater ever discovered, to disappear once again sounds like the stuff of a Shakespearean tragedy. "Replicas of Elizabethan theaters are being built everywhere," observes actor...
...push the U.S. currency down. Traders continued to snap up dollars after Washington reported that, with exports up 7.4%, the U.S. trade deficit narrowed to $8.86 billion in March, down from $9.82 billion the previous month. A day later investors shrugged off the news that the Consumer Price Index rose a sharp 0.7% in April because the gain reflected a record 11.4% surge in gasoline prices that is not expected to recur...