Word: overhangs
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Dates: during 1970-1979
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Most participants agreed that reform of the international monetary system had to start with a reduction of the "dollar overhang"−the $80 billion or so held by central and commercial banks, by companies and by individuals outside the U.S. Fernand Collin, chairman of Belgium's Kredietbank, proposed that the U.S. Government sell dollar bonds abroad. By so doing, said Collin, the U.S. would reduce the pool of volatile money and could use the proceeds within...
...than many organist's (such as the Alain piece); and when not modern, he will often present a lesser-known work (the Walther on the program). Be sure to get there a few minutes early for the best acoustical seats in the Church, just in front of the balcony overhang...
...Tanner certainly addresses himself to important and serious questions. Malaise does overhang much of Western Europe Society seems to be stifling, mediocrity seems the rule...
...Crucial Overhang. Last year global demand for silver amounted to 397 million oz., but production in the non-Communist world was only 247 million oz. What speculators grossly underestimated, however, was the size and importance of the "overhang"-the hoard of silver being held aboveground by corporations and private investors. There is an estimated 450 million oz. in bullion stored in the U.S. and Europe, plus 500 million oz. more in private U.S. coin collections. Moreover, millions of people in India are believed to own several billion oz. of silver jewelry and other heirlooms. Such huge hoards guarantee that...
...kerosene lamp when "suddenly the entire cabin began shaking. I grabbed the .30-30 Winchester that I had brought along, unlatched the door and peered out. A huge black bear was standing there upright-he must have been six feet tall and weighed 500 lbs.-pounding on the overhang with his front paws. I banged on a pot to scare him away. Nothing doing...