Word: unpegging
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Dates: during 1932-1932
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...closed all the nation's bacon factories, tried to force their help to accept a 20% wage cut. Copenhagen papers accused "Fascist elements" among the bacon men of a daring, underhanded scheme to beat down wages by so disrupting Danish finances that the Government would have to unpeg the Danish krone, pegged at present to the British crown. Promptly Danish laborites adopted a peculiar slogan, shouted outside the locked bacon factories^ "Rather join a live Chamberlain* than a dead Kreuger...
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