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...buying price to about $50 an ounce. Failing that, it should declare a free market in gold, i.e., drop the ban against citizens' buying, selling or owning gold, and cancel the requirement that miners sell only to the Federal Government. Producers confidently felt that freeing gold would boost the price, since it is now selling for as high as $70 an ounce in the free gold marts of India, China, France and more than a dozen other nations...

Author: /time Magazine | Title: BANKING: Gold Fever | 11/14/1949 | See Source »

...gold has gone up 69%, while wholesale prices in general have risen only 60%. Actually, a free market would not change the price unless the U.S. raised its official price also, because the Treasury is required by law to keep gold at $35 an ounce. While a gold boost would give Britain and other U.S. allies a modest profit on their gold holdings, the greatest beneficiary might be Russia, probably the world's biggest gold producer. The biggest reason of all for not boosting the price of gold at this time was simply that such a move would nullify...

Author: /time Magazine | Title: BANKING: Gold Fever | 11/14/1949 | See Source »

Despite the adversity of the game, Dart was still in it and he didn't seem to be in danger of being sent to the bench; of Rexall's 13 directors, nine are Rexall employees whom he appointed to the board. President Dart still hopes to boost business with his superstore plan. He has cut the number of Rexall-operated stores from 540 in 1946 to 340, hopes to level off with about 300 in 1950. Said he cheerily: "To those not in the company we look worse and worse. But inside, in the overhead department...

Author: /time Magazine | Title: RETAIL TRADE: Fumble? | 11/14/1949 | See Source »

...faculty decided to boost attendance at noon Saturday classes by saying that no pre-October 15 game might begin before 2:30 p.m. and no post-October 15 game might begin before...

Author: NO WRITER ATTRIBUTED | Title: Faculty Okays Earlier Football | 11/2/1949 | See Source »

...helve, the plowshare, the ox yoke −had achieved a utilitarian perfection of design. In essence, industrial design was a brave attempt to bring the same simplicity to all the goods and tools of modern living. The depression, when industrialists were willing to try anything to boost sales, gave the designers their first big chance to show what they could...

Author: /time Magazine | Title: MODERN LIVING: Up from the Egg | 10/31/1949 | See Source »

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