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...faltering pound with $1 billion of aid (TIME, June 24). Last week sterling suffered another sinking spell. At one point it dropped to an exchange rate of $2.7869, its lowest level in 21 months, forcing the Bank of England to dig into the country's slim reserves to shore up the currency...

Author: /time Magazine | Title: Britain: Time for Miracles | 7/15/1966 | See Source »

Visiting Privileges. Perhaps the ultimate place is Fire Island, that swinging, 33-mile-long sliver off Long Island's southern shore. Denizens of such communities as Ocean Beach, Robin's Rest, Ocean Bay Park and Davis Park have established such a free and easy way of life that they have had to invent a new language to describe it. GROUPERS are not fish, but young people who have pooled their assets to rent a house together for the season. There are BOY HOUSES and GIRL HOUSES but the MIXED HOUSE is fast becoming the most popular arrangement. Seasoned...

Author: /time Magazine | Title: Youth: Hunt of the Sun | 7/8/1966 | See Source »

...dream. In 1958 he paid $160 for a sailing hull rotted by age and neglect. Repaired, refitted and baptized on fresh-water shakedown cruises, Tinkerbelle slipped her moorings at Falmouth, Mass., on June 1, 1965. Seventy-eight days and 3,200 miles later, the 13½-ft. sloop touched shore in Falmouth, England, the smallest sailing craft ever known to have crossed the Atlantic...

Author: /time Magazine | Title: Books: The Sociable Ocean | 7/8/1966 | See Source »

Fernandes, the owner of a string of supermarkets on the South Shore, was chosen to run for treasurer 48 hours before the Republican State Convention met in Boston on June 25. Until Fernandes' candidacy was announced by Governor John A. Volpe, no other Republican had sought the nomination. Volpe had contacted Fernandes, who was then in Denmark, and asked him if he would accept the nomination, Fernandes cabled back that he would and thus on Saturday, June 25, Joe Fernandes was nominated in absentia...

Author: By Paul J. Corkery, | Title: Gov. Volpe Dominates Massachusetts Republican Party In Attempt To Construct a New, Effective GOP Image | 7/5/1966 | See Source »

...technicians, who surrendered without a struggle and allowed them to cut the station off the air. Leaving nine men to hold the fort, their leader, Major Oliver Smedley, 54, a bemedaled World War II paratrooper, former Liberal Party vice president and director of twelve companies, sailed back to shore...

Author: /time Magazine | Title: World: Of Skulls & Crossbones | 7/1/1966 | See Source »

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