Word: cements
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Dates: during 1950-1959
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Down a good highway, 67 miles south of Tijuana, Ensenada (pop. 35,000) closes Baja California's boom triangle. Shucking off the mañana tradition, Ensenada laborers are working seven days a week to finish a $15 million deepwater port, a $3,500,000 cement factory and acres of new houses. Close to 4,000 workers are employed catching, cleaning and canning plentiful white sea bass, sardines, rock lobsters. A new cannery packs tomatoes and chili peppers grown on farms to the south. White-painted boats chug in and out of the harbor, carrying the guests...
...steer a noncommittally neutral course between East and West. He still may, but lately, possibly because the U.S. and France have been delivering their $55 million in development aid on schedule while the Chinese Communists have made good on just a fraction of the $22.9 million worth of cement, steel and textile shipments promised for 1957, his press has been outspokenly antiCommunist, and Cambodia has been voting more and more with...
...Cerro Bolivar, increased by a third in 1957 to about 15 million tons. Irrigation projects and rapid farm mechanization have boosted agriculture until Venezuela now produces 85% of its own food. New investments and a protectionist policy for inefficient industry have boosted production of everything from paint and cement to soap and tires...
...planted some free-enterprise seeds along the way. In Athens he left $10,000 with a committee of bankers for local loans, another $6,200 in Istanbul and $10,000 in Beirut. Already approved are loans to a Greek furniture company, a Turkish spring-clip factory, a Lebanese cement contracting business. He landed in India with $220,000 left in hand and a lot more enterprise in mind...
...dynamic president of Sicily's Confederation of Industry. Says La Cavera: "My heart beats with joy. I am vibrating with enthusiasm." He also vibrates with strong ideas about free enterprise and how to help it along. A peasant's son, La Cavera started out with a small cement plant, expanded it, then set out to see how U.S. industry operated. He returned from the U.S. convinced that Sicily should reject Italy's statist economic policy and instead open the doors to private investment. Says he: "Government has neither the means nor the ability to remake Sicily...