Word: silver
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Dates: during 1960-1969
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...other people had cast them away at least 30 years before. These come cheap in Manhattan's thrift shops. When she first walked into the Bon Soir, she was wearing a $4 black dress, a $2 Persian vest, and old white satin 500 shoes with large silver buckles...
From all over the country collectors descended on the Treasury, toting children's express wagons, Army surplus ammunition boxes and laundry hampers, camping out on the steps overnight to get a good place in line for the 9-to-l 1 exchange period every morning, when paper money (silver certificates) may be redeemed. Treasury officials set a limit of $50,000 at first, later reduced this...
Crystals on Demand. As the pulling and hauling dragged on day after day, Treasury officials finally decided to call a halt. A mere 3,000,000 silver dollars were left in the vaults (out of 28 million on Jan. 1), and Secretary Douglas Dillon let it be known that the Treasury would take its time about deciding what to do with the cartwheels that remained. Possible alternatives: melt them down, auction them off to dealers and collectors, put price tags on them and sell them over the counter, or put the whole thing up to Congress...
What then of the pledge inscribed on some 95% of all U.S. dollar bills: This certifies that there is on deposit in the Treasury of the United States of America one dollar in silver payable to the bearer on demand? From now on, said Dillon, silver certificates will be redeemed at the U.S. Assay Offices in New York City or San Francisco with envelopes containing exactly 0.77 of a "fine troy" ounce of silver crystals, worth a dollar at the official monetary rate for silver: $1.29 per oz. Collectors will be hard put to trade up their value -they will...
Fortnight ago, a silver-haired Southern gentleman named John Crowe Ransom stood up in Manhattan to receive the 1964 National Book Award for poetry. As founder and editor of the Kenyon Review, mentor to a platoon of celebrated poets and writers, and father of the New Criticism, Ransom is probably the most influential U.S. scholar-critic of the past 40 years. As the author of a few slender books of poetry, he has drawn the highest praise from the knottiest intellectuals of his time...