Word: ernstli
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Last year KLM showed a loss of $21 million, the biggest in its 42-year history. This year, with losses up to $11 million in the first quarter alone, KLM's prospects look worse. Declaring that "our existence as a major airline is at stake," KLM President Ernst van der Beugel recently announced to his 17,300 employees plans to cut costs by 13%-largely by lopping 2,000 people off the payroll. This week the Dutch Parliament will take up Van der Beugel's desperate request for a government guarantee of $104 million in new bank loans...
...Jimmy Ernst...
...Died. Ernst Buchner, 70, longtime director of the Bavarian State Painting Collections who. in anticipation of World War II, removed one of the world's finest art collections from Munich's Alte Pinakothek, safely hid the more than 1,000 masterpieces in salt mines, and after the war campaigned to rebuild the bombed-out gallery where in 1957 the collection again went on view; of a heart attack; in Munich...
...geological laboratory was getting regular messages from Admiral Byrd in Little America those days, but the focal point of interest in world affairs was Germany rather than Antarctica. Incidents involving Ernst Hanfstaengl '09, the Nazi government's foreign press secretary, brought students closer to the oppressive realities of the times. Hanfstaengl was chosen a class marshal for his 25th reunion, but he himself declined to serve after protest came from many quarters. Near the end of the year he again embarrassed Harvard, by offering a $1000 scholarship for a College student to use at a German university. The Corporation turned...
...critics charge that his technique was made in Moscow; he first served the cause of the late Ernst Thalmann, Germany's famous Red boss, in 1927. After years of underground work for the Comintern, he announced his disillusionment with Communism in 1942, decided to try for a Socialist seat in West Germany's first Bundestag in 1949. The district Wehner fought, was Hamburg-Harburg, a tough workers' area where the Communists were strong; he beat the Reds hands down, became the tough, unyielding voice of the Socialists' left wing in Parliament...