Word: coaling
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Dates: during 1960-1969
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...stock certificates, which represent effective control of corporations worth $1 billion to $2 billion. Through a pattern of interlocking directorates as intricate as a piece of Brussels lace, La Générale controls 10% of Belgium's economic life-including one-third of its steel and coal production, three-quarters of its nonferrous metals output, and chunks of its banking, electricity, transport and armaments. With a bare 17% of its investments. La Générale also controls at least half the economy of the Congo and, by cooperating with all of that nation...
...industrial base greater than that of Britain. From Li's neat office in Embracing Kindness Hall-a two-story Manchu dynasty palace in Peking's Forbidden City-have poured the blueprints and directives that marshaled China's millions into antlike armies to dig canals, mine coal and iron ore, and work the soil of 24,000 spartan people's communes. It has been clear for some time that the Great Leap was really a leap into disaster, but the extent of the failure is only now becoming plain. By fanatically stressing industry, Peking nearly wrecked China...
...boasted of their conquest of flood and drought. But last year in central China, there was no rain for 200 days in a row. In North China, the Yellow River dried up so completely that a car could be driven on its bed, but in Manchuria rampaging rivers drowned coal mines and steel mills in Anshan and Mukden. Yet bad weather, which Li Fu-chun and Peking's other leaders used as an excuse, was far from the whole explanation of China's woes. Formosa, Hong Kong and China's Kwangtung province have much the same weather...
...another breakthrough in fuel technology, the hard pressed U.S. coal industry moved a step closer to economica11y attractive pipeline transportation of its product. Since 1957 Cleveland Electric Illuminating Co. has fueled one of its generating plants with coal slurry (a mixture of crushed coal and water) brought in through a 108-mile pipeline from Consolidation Coal Co.'s Cadiz, Ohio, mine...
...necessity to remove almost all the water before the slurry could be burned has discouraged other companies from following Cleveland Electric's example. Last week New York's Babcock & Wilcox Co. demonstrated a furnace that can burn slurry with 30% water content, making pipeline-pumped coal almost as easy to handle as fuel oil. Plans for a coal pipeline from the Pennsylvania and West Virginia fields to big East Coast power companies are already under consideration. But to coal producers and consumers alike, pumped coal's greatest immediate usefulness is apt to be in beating down railroad...