Word: welshed
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Dates: during 1960-1969
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...obvious keys to attracting capital are economic good sense and political sanity. Without those, foreign capital will not flow in and domestic capital will flow out. When governments begin to welsh, devaluate and expropriate, capital flees. Such was the case with Indonesia under Sukarno and Brazil under Goulart. And merely printing money cannot create capital. All that that usually does is bring on inflation. When prices soar and money values decline, people usually put their money into goods instead of savings...
Condon's hero is Tynan Bryson, a Welsh movie star-an obvious fiction, since there is no such thing as a Welsh movie star. Tyson has had only one failure in his 46 pictures (a Hungarian director persuaded him to portray Thomas Jefferson as Richard Nixon might have played him). And he has finally achieved his and every other actor's dream: his contract calls for him to receive exactly 100% of the total gross of his next production...
Died. Viscount Kemsley, 84, one of Britain's most powerful press lords until he sold most of his empire to Lord Thomson for $14 million in 1959; following an asthma attack; in Monte Carlo. Born James Gomer Berry, son of a Welsh town alderman, he and his brother William started their careers at the turn of the century with a sixpence monthly, Advertising World; with their profits they built a publishing empire that grew to 70-odd magazines and 31 newspapers, including London's Daily Telegraph and the Sunday Times...
...latest representative of the new thing-the de-Sade-but-true school of literature-it owes something to Truman Capote's In Cold Blood, except that Capote is a far better writer than Emlyn Williams, the Welsh actor and dramatist (Night Must Fall, The Corn Is Green). Williams enters the lucrative literary creep-stakes, dragging behind him two human monsters and three well-mutilated corpses. He is writing about the "Moors murders," a gruesome three-act melodrama of cold-bloodletting that captivated British headline readers from Nov. 23, 1963, when the first murder occurred, until long after...
...exist. Grant is a master of the Socratic method, superb in dialogue." He characteristically makes a point by bashing down his glasses so hard that they sometimes break. There is some disagreement about his low, deep voice; Kurland says it has the "sort of cadence and vibrancy of a Welsh poet." Students call Gilmore "the Grunt" because of his habit of harrumphing, and talking into his mustache. One wisecracks that "it's been claimed that he only educates 25% of his students; the rest can't hear...