Word: australian
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Dates: during 1960-1969
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...Goes to Jail." Gretel's joyous crew was singing Waltzing Matilda as they were towed back to port past the horn-tooting spectator fleet, and the song rang through Newport all night. Even the cops cheered. "Nobody with an Australian accent goes to jail tonight," announced a local policeman. Said a crew member, amid the debris of Gretel's headquarters pub: "This reminds me of an outback pub at shearing time." Back home, radio stations played a special Gretel Song. The Sydney Sun announced the victory: WILY STURROCK OUTFOXES AMERICANS. And for this one race, at least...
...Broken Hill Proprietary Co. Ltd., in downtown Melbourne, is stark and cheerless, almost down at the heels, by U.S. corporate standards. And its tenant is fusty and taciturn. But . B.H.P., as the 77-year-old steelmaker is known Down Under, has paced- and made possible-the galloping growth of Australian industry since World War II. In the process, it has become a sort of Australian version of A.T. & T., refuting the old dictum that basic industry in a democracy cannot be entrusted to a monopoly...
...British Commonwealth's biggest steelmaker, with sales of some $413 million in the last fiscal year. Through 16 subsidiaries it makes everything from nails and rails to tools and tars, operates a fleet of 14 cargo ships and a shipyard, and is probing for oil off the Australian coast...
...competitor. But it was the pell-mell postwar growth of heavy industry and construction in Australia that gave B.H.P. its biggest forward push. With all Australia virtually its private preserve, the company more than doubled its output in a decade. Equity capital flowed in for the asking as eager Australian investors flocked to oversubscribe new stock issues...
...success of that Russian Davis Cup team caused a bit of a scandal down in Melbourne, they say. The foreigners kept winking at the Australian coach...