Word: coppers
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Dates: during 1960-1969
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Vocational training: the very phrase calls up the smell of plastic ashtrays, the clink of copper trinkets, the ennui of workshops crowded with delinquents manning lathes and squirting grease into crankcases. Vocational training should be a major source of steady employment for U.S. youths. Instead, it has become an educational junkyard for rejects from a college-geared society...
...have proved that Taiwan has the kind of electric power, harbor development and agricultural experts necessary for rebuilding war's ruins. Malaysia can join in the reconstruction effort with timber and cement, South Korea with textiles and fertilizer. Indonesia, potentially a major Asian supplier of oil and copper, is even now busily luring the foreign investment necessary to exploit its rich natural resources...
...natives call the $45 million project, will be completed in June. Stretching 1,058 miles across mountains and marshes, through thick jungle and dusty scrubland, the line will carry gasoline, kerosene and diesel oil from the port of Dar es Salaam on the Indian Ocean to the copper belt of landlocked Zambia. It will stand as one more monument to the widely varied skills of San Francisco's Bechtel Corp., the largest engineering and construction firm in the world...
There were few retreats. Some airlines, among them Pan American, TWA and Eastern, lost money as they battled increased wages and costs. Copper companies were down some 30% as a group from the first three months of 1967 because of strikes-which afflicted few other industries last quarter...
...March deficit was caused in part by the long copper strike, an eleven-day New York dock strike, and by steel stockpiling as a hedge against a possible steel strike in August. While the outlook for the year as a whole is by no means so dismal-Washington has all but abandoned hope of reaching President Johnson's goal of fattening the U.S. trade account by $500 million in 1968. Says a top Commerce Department official: "We'll be lucky if we can hold the '67 surplus...