Dollar crisis looms as world markets wobble in 1970s era
The piece surveys the 1930 Hawley Smoot episode and today’s inflamed inflation, noting how protectionism, exchange dumping, and a weak dollar threaten global trade. It cites Healey and Callaghan, details daring policy asks, and foresees a Bonn summit to rebalance the monetary system.
MENTIONED IN THIS ARTICLE
Congress
Britain
Japan
U.S
Denis Healey
Healey
James Callaghan
Morgan Guaranty Trust Co
Canada
America
Germany
Donald MacDougall
Confederation of British Industry
Harvard
Geoffrey Crowther
The
London Economist
Crowther
United States
Great Britain
Bonn
Carter
Contraception policy eased by Ireland bishops
Ireland's Roman Catholic bishops softened opposition to birth control sale and distribution and signaled government moves toward repealing the contraceptives ban. They said morality remains, but the legal situation is unsatisfactory and some minimal amendments could improve matters. A source noted the statement could push legislation allowing sales to married couples. A second item: Lana Turner’s 14 year old daughter faced charges after involvement in her mother’s suitor's stabbing.
MENTIONED IN THIS ARTICLE
Dublin
Ireland
Lana Turner
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Killian
1St Ave. S.E
Cedar Rapids
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