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Unrealistic. The pound exchange rate is now fixed by Britain at $4.03. This rate has long been unrealistic in several senses. The easiest comparison is with free exchange rates in other countries. The pound now sells legally for $3.15 in New York and for $2.92 on the free market in Paris. These bargain pounds, however, cannot be legally taken into Britain (except for a ?5 tourist allowance), and cannot be used in open commercial transactions for British goods. A much better comparison supporting the argument that $4.03 is an unrealistic rate is the fact that $4.03 will buy more...

Author: /time Magazine | Title: ECONOMICS: The Quiet Crisis | 6/27/1949 | See Source »

...these victories have been at distances under two miles, which theoretically should make tomorrow's four-mile varsity classic an entirely different proposition, defying comparison. However, a long race will improve the Crimson's chances of victory, since stroke Bill Curwen sets a low pace which is especially effective over longer distances...

Author: By Bayard Hooper, | Title: Crew Faces Yale Tomorrow In Bid for Unbeaten Season | 6/23/1949 | See Source »

...Dante prizes have also been announced. Raymond Joel Dorius 6G of Los Angeles won $50 for an essay entitled "The English Reader and Dante's 'Visibile Parlare,'" while Howard Hugh Schless '46 of Philadelphia was awarded a like amount for an essay of 'Melville and Dante: A Structural Comparison...

Author: NO WRITER ATTRIBUTED | Title: Final Academic Awards Given by Dean's Office | 6/23/1949 | See Source »

With the latest picture by the same team, the "Barkleys of Broadway," playing just a block away the invitation to comparison is a little too strong for this department's will power. Normally twelve year's experience and technicolor ought to make the "Barkleys" a better picture. They...

Author: NO WRITER ATTRIBUTED | Title: The Moviegoer | 6/7/1949 | See Source »

...Stars Look Down. When Goethe was born in Frankfurt in 1749, German music was already entering its day of unparalleled glory (Bach, Handel and Haydn were living, Mozart and Beethoven were soon to come); by comparison, German poetry and drama were blank pages. "Had I been born an Englishman," Goethe once confessed, "and had all those numerous masterpieces (of Shakespeare's) been brought before me ... they would have overpowered me, and I should not have known what...

Author: /time Magazine | Title: Books: Man on a Winged Horse | 6/6/1949 | See Source »

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