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...billions of pounds of paper threaten to crush an entire civilization! See actual money collapse, then rise from its ashes! See an entire nation tremble before the Gnomes of Zurich! See panic nearly break out! Yes, the British government was back again last week with still another episode of the Saga of the Plunging Pound, and for theatrics alone it was one of the best performances ever. At one point in the drama, Chancellor of the Exchequer Denis Healey headed for the Orient on other business, then changed his mind and rushed back from the airport to his desk. Prime...

Author: /time Magazine | Title: BRITAIN: Saga of the Plunging Pound | 10/11/1976 | See Source »

...British pound had been battered by its third serious selling wave in less than a year, and sank to a record low of $1.63 as measured against the U.S. dollar. The decline was climaxed by a precipitous loss of more than 40 in a single trading session-which, apart from formal devaluations, was the greatest drop in one day since sterling was floated in 1972. By week's end, after the government had announced that it would prop up the pound by asking the International Monetary Fund for a standby loan of $3.9 billion, sterling had recovered some...

Author: /time Magazine | Title: BRITAIN: Saga of the Plunging Pound | 10/11/1976 | See Source »

Later in the evening 1000 more people attended Reform services, and at the Roscoe Pound Building, 350 Jews attended the Orthodox services...

Author: By Warren W. Ludwig, | Title: 3000 Celebrate Yom Kippur | 10/5/1976 | See Source »

...left black and white tragedy for what seems a puppet stage. Her precisely-composed arrangements disconcert. A personage like Vionnet may be thought of in terms of pure design, color, fashion and grooming, but it somehow reduces Imogen Cunningham to see her elfed in this very miniature lens. Ezra Pound's hands, large and blurred between his knees in front of the camera, couldn't be frozen...

Author: By Eleni Constantine, | Title: galleries | 9/30/1976 | See Source »

...tactless next-door neighbor, Miss Hartnell. "weather-beaten and jolly and much dreaded by the poor"; the wealthy, amiable Bantrys; taciturn Sir Henry dithering, who once ran Scotland Yard; and the village snob, Mrs. Price Ridley. Among Agatha Christie lovers, that lady is justly famous for putting a pound in the offertory bag on the anniversary of her son's death and then severely taxing gentle Vicar Clement when his counts show the largest contribution that Sunday to be ten shillings...

Author: /time Magazine | Title: Books: Marple Is Willing | 9/20/1976 | See Source »

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