Word: yen
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Dates: during 1950-1959
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...Kanazawa (pop. 250,000) decided that this ungallant Peeping Tomism had gone far enough. In an atmosphere redolent of heady perfume and rice powder, the girls met in the local town hall to air their indignation. "When I received notice that my earnings were estimated at over 400,000 yen [$1,110]' cried willowy Miss Grasslike Freshness, "my voice failed me." "My heart," mourned the veteran Miss Small Superiority, "is filled with sadness...
...youngster who reminds her of Uriah Heep? She drops him for a gentleman who plays good tennis and wears the right kind of white ducks. At that point, a chilling transformation begins in Willis. Slowly his eagerness turns to cold ambition, his good manners into a calculating weapon, his yen to be like the Harcourts into an unconscious drive to destroy them...
...troubleshooter, Joe Dodge saved Japan from runaway inflation by imposing a regimen of austerity. He combed the national budget, once caught Japanese officials charging geisha girls to "miscellaneous" on their expense accounts. Dodge gave Japan its first balanced budget in 19 years. For his work of stabilizing the Japanese yen, his most valued plaudit came from a Japanese Cabinet minister, who reported: "The thieves are now stealing money instead of goods...
Japan. Around Tokyo's cluttered "Street of the Helmet" near the Tokyo Stock Exchange, hundreds of little stores last week teemed with brokers and small investors ranging from kimono-clad women to weatherbeaten farmers, all hopeful of making a few quick yen. After a year of falling prices, the Tokyo stock market suddenly turned around, gained 10% last week alone. Reasons: there were prospects of trade with Red China, and the new Hatoyama caretaker government promised a less stringent austerity program, announced plans to reduce taxes on corporate dividends...
...daughter. He gets caught up with a whole series of characters who are more representative than real: a serious painter who stays alive by strumming a guitar in a sleazy cabaret, an ex-admiral who checks shipments at a soap factory, a black-marketeering student with a nose for yen and a yen for such un-Japanese customs as holding hands and kissing. Like identical beads, these characters are threaded on the same theme another Japanese novelist, Kikou Yamata, recently used in her spare and superior novel, Lady of Beauty (TIME, Aug. 30). The theme: Japan isn't what...