Word: milling
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When Brazil broke loose from Portugal, its currency was called the real (ray-ahl). After a decade of independence, the government had to proclaim a new unit of currency, awkwardly named the milreis (mill-rayss), meaning a thousand reals. Now, after many more rounds of inflation, the basic currency unit is the cruzeiro (crew-zay-roo), and inflation is shriveling it too. Its present exchange value is a small fraction of a cent. The 1,000-cruzeiro bill, long Brazil's biggest bank note, is worth only a little more than...
...Odessa, the biggest of the trials involved one Comrade Kunyansky, chief engineer of the Defender of the Motherland knitted-goods factory. With two main accomplices, Kunyansky set up an undercover textile mill which, using government yarn, spun out 6,250 high-quality, snug-fitting women's sweaters that sold for 30 to 40 rubles each to budding Ukrainian sweater girls. The operation netted $169,400, was not discovered for seven months. Last week the three ringleaders were ordered to face a firing squad, and 23 of their employees were sent to prison. Almost as impressive as their caper were...
...result of the worldwide steel situation, the French have already chopped back their long-range expansion goals for steel, and Belgium's giant new Sidmar mill will open in 1965 with one-third less capacity than originally planned. A tenuous "gentleman's agreement" was reached recently between Common Market, British and Japanese steelmen to stop undercutting, but the agreement does not seem to have made much difference. Most steelmakers see little easing of the competition until steel consumption begins to rise among the 80% of the world's population living in the developing nations...
...results from statistical fallacies. As the Agriculture Department reckons it, any grower of crops or raiser of livestock who has at least ten acres of land and markets at least $50 worth of farm goods a year counts as a "farmer." But that term includes everybody from the Southern mill hand who grows a field of cotton as a sideline, netting $70 a year on ten acres, to the Southwestern cotton baron who manages his empire from an air-conditioned office, netting $65,000 a year on 1,000 acres. The Agriculture Department offers the mill hand and the baron...
Adapted by David Storey from his novel of the same name, Life describes the tragedy of a man who was made with a huge body and a tiny soul. The man is a mill-town tough (Richard Harris) who becomes a professional rugby player. Big and strong and cunning, he soon becomes a star, and as a star he has everything a body could want: money, women, fame. But his soul is in torment because it cannot have the love of the woman he lives with (Rachel Roberts). He gives her expensive dinners and expensive furs. She doesn...