Word: fiat
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Waiting-for-Christmas. Before going out of action, the French joined the British in giving Italy a copious taste of air-bombing at Turin (home of Fiat motors), Milan and Venice. French cruisers and destroyers shelled the Ligurian coast (San Remo to Elba), the Italians replying with coast guns and torpedoes, claiming two destroyers struck...
...Future Eve, "le wizard de Menlo Park" meditates and mourns that his phonograph was invented too late to record the really great sounds of human history -the blaring of the trumpets of Jericho, Memnon's sigh to the dawn and "the superb whisper of Creation itself: Fiat...
Wiley of Navy has done a 23.5 50 and is capable of breaking 24 fiat at almost every attempt, but his centuries are comparatively slower. There, Curwen will be the favorite. Conger is the current high-point man in the league records and does around 2:18 and 5:10 in the two distance swims. The Middies have won one out of four league meets this year...
...German mark is a questionable currency based on some microscopic amount of gold. The Italian lira is practically fiat money. The Russian ruble is a bootleg product. The French franc has had a precarious existence...
...plan was both complicated and risky. In its simplest terms it was intended to work as follows: The Government will issue fiat money (paper without gold or silver backing) to pay the Heinkel works, say, for airplanes. Next year when Heinkel comes to pay corporation taxes, it pays not in cash but in the fiat certificates. Meanwhile Heinkel may, if it wishes, use the certificates to help pay for purchases of Duralumin, rivets, engine parts. In transactions other than tax payments certificates may never exceed 40% of the purchase price, the rest to be paid in cash. What the plan...