European Stars And Stripes (Newspaper) - March 10, 1966, Darmstadt, Hesse                                March 1966 the stars and stripes 3 10 nation joined to Aid Britain helped Avert Apo Fiftal new March 8 the Federal Reserve disclosed for the first time tuesday details of m unprecedented International currency operation it said staved off major tragedy for the British Pound tile operation began last 10 after Sterling and the closely Allied Dollar had been under attack for nearly a year by currency speculators betting on a devaluation of one or in ill of the tie Federal the Bank of England and nine other Industrial nations Central Banks excluding France joined in a plan to hit the speculators in the pocketbook and thus drive them out of the it would indeed have been a j Rescics in the expectation they major tragedy if the forces of could buy the Sterling Back later Selling speculation h a cd overwhelmed Sterling through Lack of outside said Charles special manager of the i Federal reserves open Market in i report on the Federal reserves foreign currency operations for the pus six months Coombs told How the Central blinkers virtually wiped the speculators out in a mutter of a few hours of exciting currency buy ing and the Central Bankers plan was predicated on the fact that the speculators were expect ing the Price to that the speculators borrowed Ster Ling and traded it for other cur Hank plan was aimed at driving the Price of Sterling forcing at lower thai is called the speculators to protect them 1 selves at a loss by buying Back the Central the very act of buying 14 american sailors desert in Australia March 8 american sail ors were posted As deserters tuesday for falling to report before their ships sailed for the United a 15th gave himself up to the Royal australian Navy tuesday with the explanation he for got the ships departure he was being flown to new zealand where the aircraft Carrier Hornet and the destroyers John Epperson and Fletch a Brief Stop in route a spokesman for information service Here said Sydney is fast becoming the worst port for desertions from naval the last leave parties had been scheduled to report Back aboard 11 12 hours before sailing time around the world major quake jolts China March 8 up a major earthquake tuesday struck the Kaifeng area of Eastern  peking broadcast no report of the which occurred in an area devastated Many times by floods on the yellow the soviet news Agency Tass said the earthquake wits thought to have reached 10 on a 12point the Fordham University seismology Observatory in new York put the Force at on the Richter compared with for the great alaskan earthquake two years the Central meteorological Agency in Tokyo reported the quake registered a magnitude of 7 to on the Richcr major the Agency stressed that it definitely was not an under ground nuclear foxhole protest March 7 miss Gwendolen barter watched from her car As the gaily dressed Fox Hunters cornered their Quarry in a Hole in the Tsien she figured she had had the 61yearold member of the league against cruel sports sprinted to the scene and threw herself into the Hole from which the huntsmen had been trying to dig the angry members of the Hancl and ii Urne Hunt yanked her out three times but she kept climb ing finally the exasperated Hunt cars called police who hauled the determined miss barter out for Good and took her then the Fox was Tass denies russians killed March 7 soviet Union denied monday that soviet specialists were killed in the coup that toppled ghanaian president Kwame United press International reported from on March 4 that from 11 to 15 russians were killed in the but that report said seven of the russians were members of Nkrumah specially recruited guard who were executed summarily after trying to defend Nkrumah fortified Flagstaff House the Tass report did not mention Palace but denied on that soviet specialists who allegedly took part in Street fighting were teen lovers commit suicide March 6 a two teen a g Eis whose love was opposed by their committed suicide to Gether under the wheels of a fresh to police reported sunday they said 18yearold Walter Unglaub and 15yearold Franziska ent Fellner Lay Down on a railway track with Uiel arms around each other and waited in darkness and streaming rain saturday night until the train crushed them to j a diary later found by the police showed clearly that Despal Over their forbidden love had driven the two Young people t their and no Drivers on the German autobahn did a triple take recently when these Lovely hitchhikers tried thumb ing a the German fashion were on their Way to Dusseldorf for the showing of a new fall and Winter clothing press photo country Singer Given suspended sentence Al up i spent four years in the judge s u 111 e an swered country and Western Singer Johnny cases plea for Chi ency tuesday by giving him a 10day suspended sentence and a Fine for smuggling nearly Pep pills and Iru Quiliz cars across the Border from mex Suttle could have sent Cash to Lail for a was arrested at Elpaso International Airport 4 with amphetamine and tranquil Izer Equall tablets on he pleaded guilty Cash gagged after he was sentenced and asked permission to go and compose when court was adjourned and he was in an elevator he said hallelujah before he was Cash pleaded for i Only want to say that i would like to ask for leniency from the he i know that i have made a terrible mis take and would like to go Back to rebuilding the image i had before this his Woodrow Wilson told Suttle that Cash hat not had an easy he said Cash was born on an Arkansas air Foice and when he became a civilian again sold appliances loot door to finance a musical Cash is now one of the biggest a Cundry and Western one of his current records is the one on the right is the one on the a spoof of political under Way in 55 bean said Cash finally got his career going in 1055 and is now married and has four he said Cash frequently appears for chairty and last week raised for Charity in Cash said that when he arrive in Elpaso in october he hat had two solid weeks of one nigh he said he was so inc he did not care what he so to had a couple of Beers am went to and go the i knew better but i was too exhausted to he Chester the probation officer who invest Gat cd cases hande Suttle a brochure filled with pcs one was from the department of Paulsin Cash for entertaining Back would help drive the Price of Sterling still costing the speculators still the plan to the speculators apparently Are not known in but they Are believed to be in the Many Mil Lions of Dolli irs or equivalent in other Coombs said the counterattack against the speculators was started the Federal Reserve Bank of new operating for sys tem simultaneously placed bids for Sterling totalling the equivalent of nearly Mil Linn with All the major Banks operating in the new York Exchange Market at the then re mailing rate of said More purchased the Price of Sterling immediately moved up in response to the buying pressure to a level of at that Point the Feder Al Reserve purchased another million of the rate held at that level a Short then moved by the end of 10 the rate was up to though the Feder Al Reserve was bidding As much As the rapid Rise of the rate resulted in its actually buying Only a net million in Sterling for the on the following said in both London and new Market forces took Over and bid the rate up so strongly that the Bank of eng land intervened to limit the Rise and in the process begun an accumulation of dollars which continued without interruption Over the following five obligations met As a Britain has been Able to meet All its obligations to meet debt repayments As they fell due during that the British paid Back some Mil lion of the billion in credits they had received prior to the new the credits had been extended earlier in 1905 to help be British to support the Price f the Coombs said that As a result f the Campaign against the spectators the air of impending Risis that had Hung Over the during so much of the car prior to last september fad d rapidly once the Success of he 10 operation became during the succeeding six through the period covered by this the markets were generally Calmer and More orderly than at any Ime in recent Coombs joke a lady was watching a boy make a after a while she asked him what he was in making a machine that will get you to the he the lady decided to humor How will u work she All you have to do is sit on he so the lady sat on the chair and promptly headed for the a Man standing nearby watched her go and Over to the what kind of fuel did you use he and the boy answered a your a Tomu Tel Iliria and Apo forum