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...knows how much money has so far flowed out of U.S. banks and into Canadian ones, but traffic in recent months around the tunnel connecting Detroit to Windsor, Ont, suggests that the amount is large. Says one Windsor bank manager: "We've had a tremendous surge in funds from across the river Nor is the march of dollars limited to border towns. Bank branches in Toronto and Montreal are getting deposits by mail from people throughout...

Author: /time Magazine | Title: The March of Dollars | 9/14/1981 | See Source »

Canadian banks, though, will soon be losing their monopoly on high bank rates. Taking advantage of Canada's new liberalized rules on foreign bank operations, the National Bank of Detroit is opening its first branch in Windsor this week, and it will offer the same rates as Canadian banks. Says one of its officers: "It will be nice to get a piece of the action over there...

Author: /time Magazine | Title: The March of Dollars | 9/14/1981 | See Source »

...dismayed that the Roman Catholic Archbishop of Westminster, Cardinal Basil Hume, had been asked to say a prayer during the ceremony, and made his displeasure known in a rhetorical thunderbolt: "May God bless the Prince and his bride-to-be, but may God deliver the House of Windsor from the conspiracy of Rome to subvert the Protestant monarchy...

Author: /time Magazine | Title: Special Section: WHY EVER NOT?: The Royal Wedding | 8/10/1981 | See Source »

That may not go far among Great Britain's almost 3 million unemployed, but it enhances the monarchy and sustains every monarchist in the realm. Says Robert Lacey, author of Majesty, a study of Elizabeth II and the House of Windsor: "The reason the monarchy survives in the 1980s is that, through a combination of luck and also good training, the House of Windsor has continued to produce persons who mirror the national virtues." Adds Politics Professor Richard Rose of Scotland's University of Strathclyde: "There are those who are positive about the monarchy, and those...

Author: /time Magazine | Title: Magic in the Daylight | 8/3/1981 | See Source »

...Computer Camp East this summer, received 2,000 inquiries after announcing the camp in newspaper ads. He plans to open a Houston branch next year. This week California's Bollay is launching the first of five one-week sessions at St. John's Beaumont School near Old Windsor, England; capacity enrollment is expected. In the U.S., the cost of the camps ranges between $300 and $400 per week. Though these campers may be more computer-wise than their peers, they have not entirely abandoned tradition. Epidemics of short-sheeting coexist with robotics and PASCAL. And, like campers everywhere...

Author: /time Magazine | Title: Education: Camps for Computers | 8/3/1981 | See Source »

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