Word: swiss
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Dates: during 1960-1969
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Secrecy is more than just an honored tradition to the Swiss banker-it is also a potent lure to his clients. International merchants, grafting bureaucrats, tax dodgers, insecure Latin American chieftains-from all over the world they come to deposit their cash in Switzerland's 4,000 banks (one for every 1,360 citizens...
...Alexander Philip Maximilian, naturalist, explorer, and Prince of Wied, decided to make a foray into the little-known Western regions of North America. He took along a young Swiss artist named Karl Bodmer to draw and paint what they could see. Their trip, which lasted a year, was filled with marvels of scenery and encounters with the Indians. At Fort McKenzie, in what is now Montana, Bodmer made portraits of the Blackfeet who came to trade there. One dawn the Blackfeet were attacked by neighboring tribes, jealous of the Blackfeet's trading privileges. Bodmer sketched the massacre-the best...
Calling itself "The Free Voice of America," Castro's radio spends 22 hours a day broadcasting its Marxist spiel in Spanish, English, Portuguese and French from six powerful transmitters, five of them 100,000 watts, in the Cuban town of Bauta, 23 miles west of Havana. Built with Swiss and Czechosloyakian equipment at an estimated cost of $35 million, the station started operating in April 1961, and ever since has blasted the hemisphere with half-truths and diatribes...
...exact identity of the ultimate buyers of the bullion traded in London is carefully shrouded by the Swiss and British banks that act as front men in the transactions. But traditionally, bullion buyers fall into three categories: THE HOARDERS, who come mostly from France and the Middle East, where faith in paper currency is low. Hoarders are particularly common in India, where gold jewelry has long been regarded as the safest way to cache wealth...
...purchase price at around 5% annual interest. According to New York Monetary Expert Franz Pick, increasing numbers of U.S. citizens (who are forbidden by law to own bullion) are buying it through agents who hand-carry dollars to Europe, buy the bars, and deposit them in Swiss banks...