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...Reverse Drain. Spurring them onward is an economic resurgence that is freeing Scotland from past dependence on shipbuilding, coal and steel and catapulting it into the industries of tomorrow. Thanks to government pump priming and incentives for private investment, almost $1 billion in capital has flowed in since World War II, and Scotland has outpaced the rest of Britain in its industrial growth rate for three years. In Fife, for example, U.S. and British electronics manufacturers have built more than 100 new factories in a California-type complex along the Firth of Forth. Today Scotland turns out more electronic computers...

Author: /time Magazine | Title: Scotland: The North Rises Again | 11/10/1967 | See Source »

...Scots are using their centuries-old cultural heritage and the undeniable attractions of their land as bait to at tract scientists and executives. They have thus managed to reverse the brain drain that traditionally drove Scotland's brightest sons to seek fortunes abroad...

Author: /time Magazine | Title: Scotland: The North Rises Again | 11/10/1967 | See Source »

...decrease to safe levels-mining engineers will drill three holes from the surface to the top of the "chimney" of fractured rock. Through these holes, sulfuric acid will be poured into the chimney, where it will dissolve copper out of the rock. The solution, containing copper sulfate, will then drain into holes drilled at the bottom of the chimney and be pumped up through a shaft to a precipitation plant at the surface. There the solution will be processed to extract metallic copper, and the recovered sulfuric acid recycled for another trip through the chimney...

Author: /time Magazine | Title: Technology: A-Blast for Copper | 11/3/1967 | See Source »

...U.A.W. has a strike fund amounting to $67 million, enough to keep its Ford workers on benefits (up to $30 a week for a married man with children) for more than three months. Faced with that drain on its treasury, the union is preparing to raise strike assessments for workers still on the job from $1.25 to as much as $21 a month. As for Ford, sale of its 1968 models is scheduled to begin Sept. 22, and the 90,000 cars already in dealers' hands should last for three weeks after that...

Author: /time Magazine | Title: Labor: Costly from Any Point of View | 9/15/1967 | See Source »

...manipulate the news-and this was especially damaging since a main Justice Department complaint is that ITT's worldwide business interests might encourage the company to influence ABC's public-affairs programming. Justice's other key objections are that the merger would result in a cash drain away from already-strapped ABC (both companies insist that, on the contrary, ITT would be supplying the network with fresh capital) and that it would restrain competition...

Author: /time Magazine | Title: Corporations: Double the Profits, Double the Pride | 9/8/1967 | See Source »

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