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...your March 14 article on the French aluminum and chemical company, Pechiney: this article summarizes in the most vivid way the activity of our company. However, I must point out an error regarding our activity in Cameroon. The aluminum plant belonging to the Compagnie Cam-erounaise de l'Aluminum Pechiney/Ugine is exclusively in the hands of French and Belgian shareholders [not shared with Olin-Mathieson]. On the other hand, Olin-Mathieson is an important shareholder of FRIA, which produces alumina from local bauxite in Guinea; other shareholders in the company, in addition to our French group, are English, German...

Author: /time Magazine | Title: Letters, Apr. 25, 1960 | 4/25/1960 | See Source »

...hydroelectric power available in Metropolitan France, of which it uses 6%, is no longer enough. Its search for additional sources of cheap power (and cheap raw materials) has also led it to Africa, where it joined an international consortium, including Olin-Mathieson, to build an aluminum plant in Cameroon, helped build an ore-processing plant in Guinea (with a housing development and community swimming pool), is planning still other plants in Guinea and the Republic of the Congo. Its Lacq plant will raise the company's aluminum capacity to 200,000 tons, about four times its 1949 capacity...

Author: /time Magazine | Title: BUSINESS ABROAD: Audacity & Measure | 3/14/1960 | See Source »

...facing the Atlantic, freedom is already established or imminent almost everywhere. There, independent Ghana, Guinea and Liberia will soon be joined by the rest of France's fragmenting African empire. At least seven new sovereign African states will come into existence in 1960. First on the timetable was Cameroon; soon to come: Togoland, the sprawling, wealthy Belgian Congo, the Mali Federation of Senegal and French Sudan, little Somalia, and Madagascar. On Oct. 1, the 35 million people of Nigeria, most populous of all, will get formal independence. By year's end, 180 million of the continent...

Author: /time Magazine | Title: KENYA: Ready or Not | 3/7/1960 | See Source »

When the hot, seething land of Cameroon celebrated its independence from France last New Year's Day, it did so amid some grisly statistics: in the previous six months, terrorists had massacred more than 500 men, women and children. Last week, as the new nation went to the polls to vote on the constitution of able Moslem Premier Ahmadou Ahidjo, 37, another 80 were dead...

Author: /time Magazine | Title: CAMEROON: The Hashish Massacre | 3/7/1960 | See Source »

Ever since his left-wing party, Union of the People of Cameroon, was banned for terrorism in 1955, "General" Moumié has continued to keep superstitious tribesmen stirred up, especially against the country's Moslems. But as disciples, the restive Bamiléké have proved more eager than even the "general" ever planned. It is doubtful whether Moumié had anything to do with the massacres, though he was willing to take credit. The young men of the tribe give them a few juju charms and medallions and severed heads, a supply of hashish and Czech small arms...

Author: /time Magazine | Title: CAMEROON: The Hashish Massacre | 3/7/1960 | See Source »

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