The American Money Shortage
By NICHOLAS DAVENPORT M ONEY, as we all know, is the manure of capitalism. When it is spread widely and cheaply everything in the capitalist garden grows apace, but when it is......
Snow Go Consuming Interest
By LESLIE ADRIAN THERE will be no fewer British on the ski slopes of Europe this winter, but they may be just a bit smellier. In Switzerland, at least, a bath costs 5s., and......
How Not To Protest
By JOHN BULL S HAREHOLDERS' democracy is a fitful plant. It flourishes rarely. And when it does—the annual meeting of Pye last week was a striking example—the spectacle is not a......
Market Notes
By CUSTOS HE rise in the Treasury bill rate last Friday I came as a shock to the gilt-edged market and when the South African minister of transport gave a strong warning that if......