Word: dock
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Surprise package was John O'Rourke himself. Sporting a huge diamond ring and a pink, craggy face, O'Rourke, 57, onetime ready-fisted dock worker, had led the committee to feel that he might cooperate with the investigators. He had been declared winner of the contested election, was forced to give it up after Lacey took the case to court-and finally, unopposed, took over Joint Council 16 when ailing Martin Lacey dropped out. O'Rourke's surprise: Fifth Amendment pleas on all pertinent questions, even a refusal to admit that he is president...
Gustav escaped trial when a medical examination proved him senile (he died in 1950), but the temper of the times demanded a Krupp in the dock. Though both the British and Russians declined to try Alfried, he and eleven directors were put on trial before a U.S. court at Nürnberg, were convicted of plundering the industries of conquered countries and exploiting slave labor. Alfried was sentenced to twelve years in prison and forced to forfeit his property, the only property seizure of the war crime trials; his directors got sentences ranging from two to twelve years. The head...
...boss of the West Coast International Longshoremen's and Warehousemen's Union, and a dedicated enemy of George Meany's A.F.L.-C.I.O. (the C.I.O. ousted Bridges and his union long ago). Crowed Bridges: "There's one thing I know. If the Teamsters and the two dock unions [i.e., his own and the East Coast's International Longshoremen's Association, also ousted] got together, they'd represent more economic power than the combined A.F.L.-C.I.O. They are so concentrated. An economic squeeze and pressure can be exerted that puts any employer in a very...
Pumps & Profits. Years ago, a marina could be built for a few thousand dollars: a wooden-piling dock, a gas pump, a shack to sell beer and bait. Today's marina may cost as much as $10 million or more for a layout as complete as any inland shopping center. Run properly, with low dockage rates (anywhere from ½?to 6? per foot per day depending on season) and efficient service, it can produce a handsome profit for any businessman. Says one East Coast marinaman: "With good management, you can conservatively make a 20% return on your investment each...
Even bigger and better marinas are on the way. Near Los Angeles, where the Wilmington East Basin Yacht Center already serves more than 1,200 boats, the State of California is spending $14 million for one of the world's biggest marinas with dock and service facilities for 1,800 boats at Alamitos Bay, hopes to, have it finished by 1960. In the Puget Sound area half a dozen new marinas are abuilding, including one $500,000 anchorage at Roche Harbor with a special customs-immigration office to speed Canada-bound yachtsmen on their way. Marina Builder Charles...