Word: coal
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Dates: during 1950-1959
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Putting the best possible face on the firings, Poland's economic bosses emphasize that there are fields in which labor is short in Poland-coal mining, construction, public transport. These will provide jobs for some of the displaced workers; others will probably return to the farm or find work in the devastated and unpopular western provinces that Poland got from Germany at the end of World War II. But the cold fact remains that the government apparently plans the dismissal of 200,000 to 300,000 workers for whom there will be no other jobs anywhere...
Under the agreement, Soviet-West German trade will double within the next three years to some $300 million a year. In exchange for such Soviet goods as coal, cellulose, manganese and oil, the Germans bowed to the Soviet request for such useful (but officially "nonstrategic") West German products as mining and steel equipment, machine tools, heavy forges. The Soviets also won the right to establish a regular trade mission (estimated staff: 60) in Cologne, though the West Germans fended off Russian demands for consulates in major cities. The Soviet "concession" in exchange: a verbal promise to give "benevolent" consideration...
...room was large with wide windows "built for looking out to sea." Its walls were covered with books and a slow coal fire burned in the grate. Two oil lamps and a green-studded gas light gave all the illumination for the room. To the end, Copey refused electricity--no light bulbs, no telephone. Smoke black from the lamps discolored the ceiling and, it was claimed by those who knew, an old-fashioned tub lay under Copey's bed. His abode was a landmark even from the outside; a yellow sponge dangled from his window by a string, the butt...
...SOUTH hears more talk than it sees critical signs of recession. Some Southern towns have their share of auto, steel-and oil-industry layoffs, and many textile mills are on a two-day week. Tennessee's troubled coal industry is 50% laid off. Yet unemployment, percentagewise, is less than in the North. Texas unemployment is up to 5.7% of the labor force, yet retail sales are running 2% ahead of last year, and the University of Texas' index of business activity is 1% ahead of 1957. Department-store sales are down slightly, mainly because of bad weather...
...outlived their wartime purpose to discourage use of scarce material and transportation, are certain to be slashed. Likely targets: the manufacturers' auto excise tax, which adds $150-$200 to the cost of an auto (manufacturers say they will pass on the savings); the 3% freight transportation tax; the coal and oil transportation tax; retail taxes on such "luxury" items as leather, cosmetics. Government loss: $1 billion...