4 JANUARY 1975, page 7

Today's Debts And Tomorrow's Money

G.M. Lewis By 'nominalism' is meant that if in 1975 a man undertakes to pay £100 in 1985, he can fulfil his obligation only by paying notes, coin or whatever else is legal......

100 Years Of Suez

'The Pasha's Revenge' Maurice Samuelson The Egyptian Government has announced that the Suez Canal will be opened in June. In planning his triumphant reopening of the Suez Canal,......