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...very pleasant," said French Finance Minister René Mayer one day last week, "to cooperate with a man who has as sane ideas as Sir Stafford Cripps." Nonetheless, he was not taking all Sir Stafford's ideas. This week, despite Crippsian objections, the French devalued the franc in a way that, Cripps thought, threatened the pound...

Author: /time Magazine | Title: ECONOMICS: Pleasant & Unpleasant | 2/2/1948 | See Source »

...would soon be hearing about. Her record of I'm the Lonesomest Gal in Town has already sold more than 100,000 copies in three months. And Capitol Records, which seems to know when it has something (it also has such top girl singers as Jo Stafford, Margaret Whiting and Peggy Lee), had recorded 24 songs by Kay before the Petrillo...

Author: /time Magazine | Title: Rising Starr | 2/2/1948 | See Source »

Just how fast Kay can rise to popularity will depend a lot on James Caesar Petrillo (see NATIONAL AFFAIRS). The songs of hers that Capitol stored away were largely what were handed to her. The pick of what new tunes were around had already gone to Stafford, Whiting and Lee; Kay got the scraps...

Author: /time Magazine | Title: Rising Starr | 2/2/1948 | See Source »

...Fund, to which both Britain and France belong, was set up to place some controls over governmental currency manipulations. Despite the objections of both the Fund and London's Chancellor of the Exchequer, Sir Stafford Cripps, Premier Schuman's government decided that this hand had to be played alone if necessary because of the fall in exports. The squabble will not help ideas of West European unity along in the face of the worst economic crisis since 1932. But the worst blow will be dealt to the hope that the bank would replace the economic law of the jungle with...

Author: NO WRITER ATTRIBUTED | Title: Kicking the Props | 1/27/1948 | See Source »

Religious Revival. Nevertheless, Sir Stafford Cripps last week frostily informed Britons that "basic" would not be restored. "Politically it would be far easier and much more pleasant to give way to the clamor and reintroduce some basic ration," he said, "but it would from the point of view of the whole population of this country be quite definitely wrong. . . . There are no indications at present that basic may come back this year...

Author: /time Magazine | Title: GREAT BRITAIN: How Basic Is Basic? | 1/26/1948 | See Source »

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