Word: coal
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Dates: during 1950-1959
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...kingdom of Sardinia, and that was the state's start in business. Under 21 years of Fascism, the government got more and more deeply mixed up in the economy, and has never since got out of it. Today the government mines all of Italy's coal and 80% of her iron ore; it produces more than three-quarters of the nation's pig iron and half its steel, enjoys a monopoly or near monopoly of rail, sea and air transport, and competes with private industry in the manufacture of scores of products ranging from chocolates to Alfa...
...posed such social problems as a recent influx of native-born white Americans. For the past five years, at the rate of more than 1,000 a week, displaced people of Anglo-Saxon stock have been swarming into the city from the scrubby hills, marginal farms and depressed coal-mining areas of Kentucky, Tennessee, Missouri, Mississippi, Arkansas and Alabama. For lack of a better term, Chicagoans concerned with the problem lump the minority under the label "hillbillies." Lured to Chicago by Northern industry, the newcomers are compressed into slums where squalid conditions, strange customs and limited opportunity seem...
...high cost of transporting coal is one reason coal has lost ground to other fuels. While the price of coal at the mine $4.85 a ton; has dropped over the past eight years, the average cost per ton to ship it to market rose from $1.47 in 1948 to $3.24 in 1955, and is still going up. Last week Pittsburgh Consolidation Coal Co., biggest U.S. independent producer, demonstrated a radical new way to cut shipping costs. On an experimental basis, it sent the first coal through a 108-mile, $15 million pipeline designed to carry 1,300,000 tons...
...cost of transporting the coal plus full repayment of the investment in 15 years, is expected to be about half the $3.32 a ton it now costs to ship coal to Cleveland by rail. Although the pipe is a possible competitor of the railroads, three of them-the Pennsylvania, New York Central and Nickel Plate-allowed the pipeline to cross their right of ways in return for an option to buy 45% of the pipeline-operating company's stock. If the pipeline proves trouble-free when full-scale operation starts April 7, the industry expects it to be widely...
Cost of Laving. In Seoul, public bathhouse proprietors went on strike for higher prices, explained that over-alert cops had cut off their main source of cheap fuel: coal swiped from the Korean National Railways...