Word: pound
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...bastard child, Mary is the daughter of Pound and the American violinist Olga Rudge who, after two years of living with Pound, supplanted his legal wife, Dorothy Shakespear...
...Ezra Pound's daughter Mary is one of his greatest admirers. As a young child she was his darling; when she was older she became his student; now, at 46, she shows in her autobiography that she is almost as devoted to Pound's work as she is to the poet himself...
...Pound is known as the great mover and teacher of the "modern" poets, and he's remembered as the anti-Semitic "reactionary" who hoped to sell America Fascism over the Italian radio. His daughter sees him most clearly not as the artist or the political man, but as a sage so heroically proportioned that he could deal on an immediate personal level with anyone. He was able to order his life consciously, despite the anguish he suffered from loving two women at once, and despite his incarceration as a traitor in his homeland...
...Finance Ministry announced that in the first eight months of 1971, Japan's dollar holdings increased from $4.4 billion to $12.5 billion -a staggering leap of nearly 200% that is likely to be remembered as a historic beating for the dollar. British officials, worried that the pound might gain too much against the dollar and thus make British exports too expensive, took measures atoned at keeping speculative money out of the country. After forbidding interest payments on new holdings by nonresidents, they cut the prime rate from...
...fretfully anywhere from 1.2% to 2.8% above its normal dollar exchange rate. In Paris, where a complex two-tier system separates fixed-rate international trade and business dollars from tourist and capital investment dollars, the U.S. currency stayed within 3% of parity for free-floating transactions. In London, the pound reached only 3% above parity. With pressure on the yen relieved, however, Europeans grew concerned that their own currencies might become the new target of international speculation. As a precaution, the British Treasury banned interest payments on new foreign deposits "for the time being...