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...Southeast Asia when completed in 1969, Thai Nguyen was already turning out 200,000 tons of cast iron, supplying 80% of North Viet Nam's iron and steel alloy needs. It also had a vital role in Hanoi's war effort, fabricating "instant" bridges, cargo barges and oil drums...

Author: /time Magazine | Title: North Viet Nam: The Cost Goes Up Again | 3/17/1967 | See Source »

Died. Joseph T. Lykes Sr., 78, U.S. ship owner, last of seven brothers who founded Lykes Bros. Steamship Co. in 1923 to ferry cattle between Gulf ports and Cuba, boosted their business into the biggest U.S. cargo line operating 57 freighters; of arteriosclerosis; in Clearwater...

Author: /time Magazine | Title: Milestones: Mar. 17, 1967 | 3/17/1967 | See Source »

...Coast to lure sailing ships onto reefs and loot them, a mustached sea captain, Israel J. Merritt of New York, organized an honest salvage operation. Merritt's aim was to save a vessel from sinking if he could-or, if he could not, to salvage it and its cargo. He succeeded so well that his firm, joined by two others, grew into Merritt-Chapman & Scott, the nation's largest corporation involved in marine salvage, and later a construction giant as well. But eventually, Merritt-Chapman & Scott itself fell prey to raiders of a modern sort. As a result...

Author: /time Magazine | Title: Management: Hauling Down the Horse Flag? | 3/10/1967 | See Source »

...airlines reach agreement. At that point, U.S. officials will be mired deep in an even stickier problem. The Saigon government is also demanding - incredibly-payments of premiums (in all probability fat landing fees) by Military Airlift Command contract carriers such as Slick, Continental and World Airways, hauling war cargoes and personnel. It goes without saying that U.S. officials feel that a Flying Tiger CL-44 carrying military cargo should no more have to pay a landing fee to Saigon than an F-4 Phantom returning from an air strike against the Viet Cong...

Author: /time Magazine | Title: Airlines: Saigon's Squeeze Play | 3/3/1967 | See Source »

...Place to Park. Now Japan's fastest-growing industry, autos are matching the country's phenomenal successes in cargo ships, cameras, steel and electrical equipment. Japanese manufacturers last year turned out 2,286,585 cars and trucks, which represents a 360% increase over 1960, the year the industry began mass production in earnest. Though the total is about three-fourths of Germany's sales, the ten major Japanese builders plan a 32% increase this year to 3,024,000 units, and they look to overhaul Germany in a year...

Author: /time Magazine | Title: Japan: Into Third Place | 3/3/1967 | See Source »

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