Word: fiveyears
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Plainly, the copper industry can assure steady growth over the long haul only by building up production capacity. Accordingly, Anaconda has mapped a fiveyear, $600 million program to find new sources as well as improve existing facilities. At the same time, Anaconda Chairman Charles M. Brinckerhoff, 66, recently signed a 20-year agreement with the Chilean government that should help stabilize the company's operations in that country; unlike its chief U.S. competitors, Kennecott and Phelps Dodge, both of which mine most of their copper at home, 65% of Anaconda's supply comes from Chile...
...with a few adherents and found that "the barbarous people showed them no little kindness." Today, in the capital of Valletta, which was founded by the Knights of Malta to commemorate their victory over an invading Ottoman fleet, sailors find a paradise of bars, cabarets and girls. In its "fiveyear plan," the island has already built a gambling casino, and next year both a Sheraton and a Hilton hotel will rise over Malta's limestone walls and domed churches...
...anguish to martini drinkers of the world will not nearly equal that of Spain's olive farmers. So far, the Spanish government has announced no new plans to aid the industry, but olive growers have hopes for an ongoing fiveyear, $500,000 research campaign on some 50,000 trees in various blighted areas, which aims to outwit the Dacus fly with phosphorous compounds...
...outdone, the rival Dutch have announced a fiveyear, $218 million plan to create deepwater berths for 165,000-tonners at Rotterdam...
...shores. The Russians became friendlier in 1963, when their troubles with China increased. The fishermen were freed, and goodwill and trade delegations were sent to Japan. A Pacific-fisheries agreement followed. In the past two months, the Russians and Japanese have signed a commercial air agreement and a new fiveyear, $2.1 billion trade agreement...