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...fact of nature that water swamps nearly three-fourths of the earth's surface, it is also an ironic truth that it cannot always be found where it is needed, when it is needed, in the amounts that are required. Of the 326,071,300 cubic miles* of water on earth, 97.2% is in the oceans, unfit to drink, too salty for irrigation. Another 2% lies frozen and useless in glaciers and icecaps. The tiny usable fraction that is left is neither evenly distributed nor properly used...
Oldest & Cheapest. During World War II, Allied bombing clogged the waterways with 4,000 sunken vessels, 370,000 tons of twisted bridge steel, 14 million cubic feet of concrete and rubble. Since the war, Germany has spent more than $1 billion to clear away the debris, rebuild the fleet, deepen the rivers and improve the country's 65 inland ports. Reason for continued reliance on the Continent's oldest form of transportation: it is still the cheapest way to ship bulk freight. To move a metric ton of coal from Duisburg to Mannheim, for example, costs...
...fastest growing energy market. Across the Continent, the new gas finds are lighting an investment fever and bringing some chills to a vulnerable competitor, coal. As estimates grow of the size of The Netherlands' mammoth Groningen gas field (widely regarded as twice the official 1.1 trillion cubic meters), and as oilmen probe the bottom of the North Sea for what may be even larger deposits-one big one was hit last week off the West German island of Borkum-gas is becoming Europe's new glamor fuel...
Work at Play. Few Tabler hotels win design prizes; but the architect is proud that no hotel of his has lost money, even though hotel wages have climbed 32% in the last ten years, while room rates are up only 21%. He has calculated the profit on every cubic foot of hotel space, figures that profits run to 70% on the price of rooms, 50% on liquor service, nothing at all on food-and that lobbies are just so much dead space. Tabler hotels have small lobbies, plenty of bedrooms. Says he: "Bedrooms are the cheapest thing in a hotel...
...months, France has been determinedly negotiating to get its hands on a rich and vital resource: the oil reserves in its former colony, Algeria. Locked in that country's Sahara Desert is 1% of the world's proven reserves-more than 3.6 billion barrels-and 79 trillion cubic feet of natural gas, about 10% of the world's known supply. Colonel Houari Boumedienne, Algeria's new strongman, has been as anxious to get French development help as Ahmed ben Bella before him, and last week in Paris the two governments buried their bitter memories...