Word: scrip
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...piastre, the Vietnamese monetary unit; FUNNY MONEY and RED DOLLARS mean scrip issued U.S. personnel in lieu of dollars...
...struggle to dam the dollar outflow, the Administration has cut tourists' take-home liquor, curbed bank loans, substituted scrip for soldiers' cash salaries in Viet Nam and even persuaded federal junketeers to stop at U.S.-run hotels abroad. Lately, it has not only leaned hard on investment by U.S. business in foreign plants and companies but has been warning that businessmen will be expected to do still more next year to help the U.S. achieve "equilibrium" in its balance of payments...
When the university opened in 1868, with Scholar White as president, Businessman Cornell gave it a stunning lesson in fund raising. Spending some $525,000 for the privilege, he took charge of the bulk of the school's federal scrip for 990,000 acres of public land. He swapped the scrip for choice Wisconsin timberland, which eventually soared in value. When sold off, it netted the university almost $6,000,000. White meantime scoured Europe for top scholars, set high standards, and took such a dim view of football that he once vetoed a game in Cleveland with...
...Spender. But the boy from Brooklyn had it made financially, and he knew it. He became the biggest of the big-time spenders, and has kept it up. Jackie saves little and gambles as if he were using Monopoly scrip. He is willing to bet $100 a hole in a golf game, and he lost $3,000 on a wager that Grace Kelly would never marry the Prince of Monaco. With him, betting is as direct a challenge as Indian wrestling. Says Arthur Godfrey: "I understand that he finds out what his opponent's top wager is and then...
...Frank Merriam's 1,138,000. Ham-and-Eggs, cooked up by a radio announcer and two admen, attracted wide public support (and several notorious scoundrels), forced a special referendum on its $3O-Every-Thursday proposal for California to pay off $1.5 billion in annual pensions with worthless scrip. It lost by a narrow margin...