Word: germanism
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Dates: during 1950-1959
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...long white hair, and his blue suit and vest, Pound is as industri ous today as ever. His five-volume work on jurisprudence came out in June. Besides his articles and speeches, he keeps up a voluminous correspondence in many languages (he has a writing acquaintance with French, German, Italian, Spanish, and Chinese), and he counsels friends and students who come...
Last week he was busy filling orders for 15 ore carriers, bulk carriers, tankers and escort vessels for U.S. companies and the German navy. His ultramodern yard sends ships down the ways so fast that Schlieker does not even bother to take down tents and grandstands used for launching ceremonies. The 300,000-sq.-ft. yard has the biggest (capacity: 100,000 tons) drydock in Europe, an optical tracing device that projects cutting patterns on steel plates. Overseeing all is an electronic brain named "Big Brother" that tells Schlieker which machines have not worked at full capacity and why. From...
After the war, Schlieker was bounced between the Russians, French and Americans, eventually got the British to give him practically the same job he had under the Nazis: allocating the crumbled remains of German steel for peaceful uses. Eventually, Ruhr steelmen who had many a wartime grudge to settle initiated denazification proceedings against Schlieker, forced the British to fire...
...million worth of steel to Grermany's Communist zone. His profit: $1,000,000. With the money he bought a steel mill, a rolling mill, a machine shop. During the Korean war, Schlieker shipped millions of tons of U.S. coal to Germany, hundreds of thousands of tons of German steel back to the States at handsome profits. When the war was over, he unloaded 50,000 tons of top-priced steel to desperate Ruhr traders just as the price broke. Said Willy: "You cannot learn hat; you must know it by instinct...
Died. Elliott White Springs, 63, fun-loving textile magnate, author and World War I flying ace; of cancer of the pancreas ; in Manhattan. After bagging twelve German planes and winding up the war as the U.S.'s fourth-ranking ace (after Eddie Rickenbacker, Frank Luke and George Vaughn), Springs could not cotton to settling down at work in the family cotton mills in South Carolina. He flitted off to Paris, ground out a bestselling Warbirds tale of his flying exploits, plus ten other books and many magazine articles. He came back to the mills in 1928, eventually earned about...