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During World War I, however, Britain went off the gold standard in order to make it easier to finance its military effort. In 1925 Winston Churchill, then Chancellor of the Exchequer, returned the country to the gold standard, believing that such a step would help restore the British Empire to its former preeminence. But he made the mistake of setting the value of the pound at its prewar gold price, which did not take account of high wartime inflation. This was a major cause of the nationwide general strike that virtually immobilized the economy in 1926. Indeed some historians believe...

Author: /time Magazine | Title: The Legacy of King Croesus | 6/22/1981 | See Source »

...sits in a chair on the stage of the Kennedy Center's Eisenhower The ater, Ralph Richardson somewhat resembles Graham Sutherland's portrait of Winston Churchill. His legs are squared apart and appear sturdily embedded in stone. His arms are welded to the arm rests, yet they seem mobilized to catapult him into action. His eyes are banked fires set in a sulky sullen face a trifle mangled by time. As with Churchill, a pixie lurks beneath Richardson's countenance, momentarily threatening to bolt into some unpredictable bit of mischief...

Author: /time Magazine | Title: Theater: Caustic Imp | 6/8/1981 | See Source »

...committee's rejection of Southern, along with its refusal to grant her an extension, prompted Wright to file the complaint with the EEOC and to consider suing the university, Winston D. Kendall, Wright's attorney, said in April. He added that Wright would not alter her original choice of Southern to serve on the grievance committee...

Author: NO WRITER ATTRIBUTED | Title: An Extension Denied | 6/4/1981 | See Source »

Elizabeth Winston, Price's press agent, said yesterday. "Whenever she gets these degrees, its been our policy not to get publicity until it takes place." She added, "it would be kind of cheap to get a few lines in before it actually happens on the fourth...

Author: By Michael W. Miller, | Title: Adams, Price, Zariski to be Honored | 6/2/1981 | See Source »

...clicked with the bulky Speed Graphic cameras then favored for news photography. Said Jackie later: "I always forgot to pull out the slide." As Margaret Bourke-White in the film Gandhi, Bergen (Carnal Knowledge, Starting Over) should have had no such difficulties. In 1965 Director Richard Attenborough, 57, (Young Winston, A Bridge Too Far) told her that if he ever managed to make a film biography of the Indian leader, he wanted her to play the part of the star photojournalism Bourke-White captured in the pages of FORTUNE the gritty, yet poetic texture of industrial America in the 1930s...

Author: /time Magazine | Title: People: May 25, 1981 | 5/25/1981 | See Source »

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