Britain Declines Yet Pound Holds World Weight
Peter Grose explains how the pound sterling still shapes global trade despite Britain’s reduced power. The currency’s convertibility, the sterling area, and historic use as a universal means of payment have long linked many economies to London. The piece traces the pound’s rise, wartime shifts, and continuing influence in international finance.
MENTIONED IN THIS ARTICLE
Peter Grose
London
Britain
Commonwealth
West Germany
Oslo
Norway
European currencies move to wider convertibility days
Western Europe shifts to convertibility of the British pound and devalues the French franc. France and neighbors adopt new monetary steps, with the heavy franc to remove zeros. EMA funds short-term credits as nations push toward broader currency convertibility and a potential common market.
MENTIONED IN THIS ARTICLE
Alvin J. Steinkopf
London
Western
Europe
France
Germany
Denmark
Holland
Norway
Italy
Sweden
Belgium
Luxembourg
Britain
de Gaulle
European Payment Union
EMA
Eisenhower Shopping Outing With Grandson In Gettysburg
President Eisenhower and his 10 year old grandson David visited Gettysburg to shop for cold weather clothes. They bought 60.80 dollars worth including a charcoal blue suit and insulated boots and then returned to the Eisenhower farm. The trip marked the first time local merchants recall the President shopping in town.
MENTIONED IN THIS ARTICLE
Gettysburg
Eisenhower
David
Washington
European currency shake up may not affect Americans soon
The European currency reform is unlikely to impact the average American immediately. Officials in Washington praise the move as forward looking. The changes ease convertibility for nonresidents, expand opportunities for U S producers and exporters, and may boost American orders as dollars become easier to obtain.
MENTIONED IN THIS ARTICLE
Brit
Sterling Area
France
West Germany
Vance
Sterling F. Green
Washington
U.S
Europe
United States
Las Vegas hotel offers quiet restful room for thirty dollars
A man asked a Las Vegas hotel for something nice quiet and restful at 30 dollars a day. The hotel recommended a sleeping pill as the solution.
MENTIONED IN THIS ARTICLE
Las Vegas
Mystery balloon Small World listed over Atlantic search
British balloon Small World drift over the Atlantic remains missing after a day long air search in the Orinoco jungle swamps of eastern Venezuela. Four crew members including a woman were aboard with food for three months and a lifeboat gondola.
MENTIONED IN THIS ARTICLE
Caracas
Venezuela
Small World
Atlantic
Orinoco River
Arthur Cooke
London Daily Mail
Midatlantic
Cooke
Trinidad
Orinoco
Civil Aeronautics Administration
British Guiana
Venezuelan Communications Ministry
Civil Aeronautics Authority
A B. Eiloart
Eiloart
Timothy
Colin Mudie
Mudie
Rosemary
Cook
Britain
Prince Philip
Holiday Homeward Rush May Break Christmas Toll Record
The holiday traffic death rate eased on Saturday but officials warn the homeward rush will decide if the 1958 Christmas weekend reaches an all time fatality high. The National Safety Council spokesman said the final toll could fall below the 196? record and approach preholiday estimates.
MENTIONED IN THIS ARTICLE
Associated Press
National Safety Council
Traffic toll climbs toward 620 death estimate in holiday period
The council warned fatalities were rising beyond a 620 death forecast as traffic behavior improved slightly. Early hours of the 102hour window showed fatalities threatening the 706 holiday record set in 1956, with 341 traffic deaths, 106 fires, and 105 miscellaneous accidents reported by AP for the 6 p.m. Dec 10 to midnight Dec 14 period.
MENTIONED IN THIS ARTICLE
Associated Press
Ohio holiday traffic toll rises with weekend peak
The Associated Press counts 19 traffic deaths in Ohio since 6 p.m. Wednesday through midnight Sunday. Ten died Wednesday night or Thursday, eight on Friday, with two deaths from two Friday crashes.
MENTIONED IN THIS ARTICLE
Ohio
Associated Press
Christmas Holiday Toll Tops 400 Mark
The Christmas holiday toll surpassed 400 by 3 p.m. EST Saturday, marking a grim holiday period with ongoing traffic risk. authorities urged caution and reminded drivers to plan safer commutes.
Toll climbs as holiday travel swells across states
Safety officials blamed carelessness and speed for the big toll. Warm weather drew more traffic as an estimated 40 million cars traveled during the holiday period. Heavily populated states recorded the highest fatalities with California New York Texas Pennsylvania and Illinois bearing the brunt.
MENTIONED IN THIS ARTICLE
Safety Council
California
New York
Texas
Pennsylvania
Illinois
Two Major Airlines Paralyzed by Ongoing Strikes
Two national carriers remain grounded as Eastern Air Lines and American Airlines face unresolved disputes. Eastern sees flight engineers refuse to qualify as jet pilots, while American pilots seek clarification on a seven point mediators' contract formula. Eastern reached a deal with the International Association of Machinists, who will not cross engineers on strike.
MENTIONED IN THIS ARTICLE
Eastern Air Lines
American Airlines
Miami
Eastern
American
Chicago
Air Line
International Assn. of
Batista reshuffles army to blunt Castro revolt in Cuba
In Havana President Batista shifts military command and dispatches 2,000 fresh troops to Las Villas as rebels under Fidel Castro widen activity around Santa Clara. Officials warn of all out ground and air assault while hunger, dislocation, and arms shortages press Cuba.
MENTIONED IN THIS ARTICLE
William L. Ryan
Havana
Cuba
Fulgencio Batista
Fidel Castro
Batista
Las Villas
Santa Clara
Oriente
United States
Sierra Maestra Moura Os
Epiphany Burn at Goldman Park Leads Local Observance
A Glance Inside Epiphany Comes Next notes the Epiphany burning of the green at Goldman Park as the event climax of the 12 days celebration. Child health alert and a feature on items children swallow appears on Page 21. The AP survey of 1959 hopes is on Page 9 with editorials, features, and notices across the section.
MENTIONED IN THIS ARTICLE
Goldman Park
Iona Asher
Associated Press
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Georgia Bell Bowman
Lucius A. Wilson
Indiana
Donald B. Parker
Houston
Tex
Parker
Bowman
Indianapolis
Wilson
Stockholm
Amsterdam
Netherlands
Ike
State Department
Per Jacobsson
International Monetary Fund
The
Department
West Europe
Frank Southard
Great Britain
Jungle
Richard G. Massock
Barbados
Canary Islands
Kear
Holiday
Jose Crispo
Crispo
Lubbock, Texas
Castro
Radio
TV Society
Eee Peet Tamer
Tanne 13
Tete Eee
Eres
Eee
Sports Valley News
Ee Family Weekly
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