Word: pound
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...housewives were heeding his message. If Labor came back to power, he cried, its tax policies would guarantee more inflation. "We would have a 3-shilling loaf, a shilling bus fare and a shilling telephone call, and we would have to pay for them out of a 10-shilling pound," he declared. In Leicester, he evoked the specter of "the poor, the penniless and the housewives" facing across-the-board price boosts?milk up twopence a pint, jam up 8 pence a pound, sausage up 9 pence, coal up £2 10 shillings...
...Heath told crowds. Not on speaking terms with his rival, he zeroed in on Harold Wilson's credibility. Time and again he appealed to "those who despise the slick trick, the easy promise" to turn the Labor rascals out. Heath even raised the fear that Wilson, who devalued the pound in 1967, might be forced to do so again...
...forming his government, much of Britain and a good part of the outside world celebrated his victory. On the strength of his election, the British stock market made its largest one-day surge on record?a rise of 23.8 on the Financial Times index. The value of the pound climbed sharply. Congratulations flooded into No. 10. The Western Europeans were optimistic because they believed that Heath would press harder to bring Britain into the Common Market. The Australians were delighted because he had pledged that he would retain a defense force east of Suez, if only a token battalion...
...long run. By eliminating the need for cumbersome splashdowns in the Pacific and by allowing expensive hardware to be re-used for perhaps 100 flights, shuttles will sharply reduce the cost of putting men and materiel into space. That price now comes to more than $1,000 for every pound lifted into orbit by NASA's nonre-usable Saturn 5 boosters. Shuttles should reduce the tab to $50 per Ib. or less...
...year. At that time Conservative Leader Edward ("Ted") Heath and his party had everything going for them, most notably a sick economy. But as winter melted into spring, some of Labor's economic policies began taking hold. The delayed effects of Wilson's 1967 devaluation of the pound were finally being felt. The hold-down on demand for more consumer products was also making an impact. There was new confidence in the pound, particularly in the wake of France's devaluation and West Germany's revaluation. As a result, the country's chronic balance...