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...publicly criticizing its extravagant policies. Since then, little love has been lost between Labor's leaders and the Old Lady of Threadneedle Street. Last week the bank's current governor, George Rowland Stanley Baring, the third Earl of Cromer, stirred Britain and shocked Labor with the sternest public lecture on economy yet issued by a public servant under the Wilson government. The tough talk showed the considerable extent to which British politics are being influenced by the country's bankers...

Author: /time Magazine | Title: Britain: Protector of the Pound | 2/26/1965 | See Source »

Apart from the "disastrous" economic effects, he concluded, Rhodesia would be left "isolated and virtually friendless in a largely hostile continent." It was, noted British papers, the sternest message of its kind since the Boston Tea Party, and for the time being at least, it was certainly more effective. Amid a flurry of warnings from politicians and business leaders, Smith backed down. He promised the Parliament in Salisbury that he would not declare sudden independence, and personally sponsored a motion declaring this week's referendum would be purely academic. "The British government's moves have upset everything...

Author: /time Magazine | Title: Rhodesia: Christmas Postponed | 11/6/1964 | See Source »

Northern Dancer, probably the greatest Canadian horse in history, should supply Hill Rise some of his sternest competition. The Dancer has won 11 of 14 races. More important than this statistical evidence, however, is that the little colt--as every sports page in the country will tell you--has got Heart. He's a front runner, but never gives up when rivals come at him. Nonetheless, in his two races at 11/3 miles, Northern Dancer has been hard pressed to win, and the Derby distance may be too much...

Author: By Richard Andrews, | Title: Hill Rise Should Romp in Derby | 5/1/1964 | See Source »

...succession (after Princess Beatrix, 27), blonde, buxom Irene, 24, took off for Spain, whose culture and language she studied at the University of Utrecht. By last week, when she finally returned home, Irene had stirred bitter animosities among her people, delighted many others, flouted her family's sternest tradition, and rocked the House of Orange to its foundations. She also got engaged...

Author: /time Magazine | Title: The Netherlands: Death of a Princess | 2/14/1964 | See Source »

...said New Zealand's Peter Snell, 24, on the eve of the California Relays at Modesto, Calif. Lounging beside a motel pool, arm in arm with his bride of two weeks, the world's fastest miler (3 min. 54.4 sec.) hardly looked like a man facing the sternest test of his career. He dismissed his chief competitor, the U.S.'s Jim Beatty, a 3-min. 56.3-sec. miler, with a scornful shrug: "This Beatty doesn't hold any decent record at all." He snorted at the suggestion that Beatty's teammates from the Los Angeles...

Author: /time Magazine | Title: Golf, Track & Field: The Old Cat-o'-Nine-Tails | 5/31/1963 | See Source »

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