Word: yen
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...stumped over what to do for an encore. Putting in frequent hot licks on his memoirs, building his $1,750,000 memorial library, gadding off to Democratic clambakes to give 'em hell while television cameras strain on their dollies to keep up with him, he obviously has no yen to let history pass him by. Last week bee-busy Mr. Truman had his most historic week since leaving the White House. First, he hopped up to Milwaukee to accept a $5.000 Steinway grand piano (for the library) from the American Federation of Musicians. On a convention platform bristling microphones...
...best thing to U.S. greenbacks is U.S. military scrip. Although in theory MFC (military payment certificates) can be used only in post exchanges, commissaries and other military establishments, and only by the military or civilian employees of the military, "G.I. money" is considered more valuable than the wobbly Japanese yen or the even wobblier Korean hwan...
...switch day, swarms of almond-eyed hostesses at Tokyo's splashy Kinbasha nightclub were offering their hard-earned MPCs for 10? on the dollar. One geisha house announced bitterly that henceforth it would do business "for the Japanese yen or the green American dollar only." An Army captain who had been trying for two months to sell his second-hand car for $2,100 was besieged by frantic Japanese car dealers offering him up to $5,000 in MPCs. In Korea the black-market price for $10 MPC dropped from 3,500 to 100 hwan by nightfall. Koreans pursued...
...Lower House of the Diet, Odachi's bill would have made it a criminal offense for any teacher to espouse the cause of any political party or doctrine, directly or indirectly, in or out of the classroom. Offenders would be liable to fines ranging up to 30,000 yen (about $84) and one year in jail...
...city after city, the expensive plundering went on. In Kyoto, a taxi driver exclaimed in bewilderment over a 3,000 yen ($8) tip for a 100 yen (28?) fare. Pausing briefly to glance at Tokyo's famed Thunder Gate, one group of 40 plunged into the Japanese capital's shopping district followed by a truck in which to carry their purchases back to the Imperial Hotel. One persistent matron spotted a decorative street lantern erected by the city in honor of the Cherry Festival. "I want that," she demanded, collaring a nearby shopkeeper. "I did not want...