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...million a year in interest. His plan will probably be derailed by Chancellor Ludwig Erhard's administration, but Oeftering hopes to gain at least some mileage. Battling to make the state road run more like private industry, he relaxes from his work in the basement of his modest Frankfurt home, where he has set up a giant model railroad. This one Oeftering runs just the way he likes...

Author: /time Magazine | Title: West Germany: Love Those Rails | 8/21/1964 | See Source »

Stop Train 349. From West Berlin, a sealed U.S. military train rolls by night through the Soviet-occupied East German Republic. Destination: Frankfurt. Its passengers are the usual assemblage of harassed or abrasive or mysterious strangers. Most objectionable of the lot is José Ferrer as a famous newsman with a nose for international incidents. Sure enough, an incident occurs when a French nurse (Nicole Courcel) helps a frightened refugee to jump aboard the train. Thus a U.S. lieutenant (Sean Flynn), commanding officer of the train, is caught between the quadripartite treaty and the Brotherhood of Man. When the Soviets...

Author: /time Magazine | Title: Cinema: All Buckle & No Swash | 8/14/1964 | See Source »

...unions today own Germany's biggest housing construction company, and share with cooperatives ownership of its second-ranked deep-sea fishery and the largest cut-rate life insurance company in Europe. Labor's proudest possession is one of the world's few union-owned banks, the Frankfurt-based Bank fur Gemeinwirtschaft, which lately has been engaged in the highly capitalistic practice of gobbling up competitors: it has just bought control of Cologne's Bau- und Handelsbank and Frankfurt's Investitions-und Handelsbank...

Author: /time Magazine | Title: West Germany: The Union Banker | 7/31/1964 | See Source »

...thank the French government for a $100,000 donation, then began a ten-day tour of European cities. In Italy, he met with businessmen. In Germany, he would talk with members of a fund-raising committee in Munich, explain the project to students in Hamburg and labor leaders in Frankfurt. Then on to Brussels and Zurich. There was even a stop at the Vatican to explain to the Pope about the library...

Author: /time Magazine | Title: Philanthropy: Building a Library | 5/29/1964 | See Source »

...Frankfurt trial was part of a massive, painful effort by West Germans to purge the nation of its Nazi past by finally facing the facts of how and why 4,000,000 Jews, Poles, Russians and gypsies perished at Auschwitz. Other grim facts from Hitler's hideous era were emerging at the euthanasia trial in Limburg, where Hans Hefelmann, 58, an agronomist, was in the dock, charged with complicity in the Nazis' monstrous euthanasia scheme...

Author: /time Magazine | Title: West Germany: The Painful Purgative | 3/20/1964 | See Source »

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