Word: germanized
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Dates: during 1950-1959
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...West Germany planned to make $125 million in long-term credits available to Arab, Asian and Latin American nations. Helpful as this would be to the recipients, it was also designed to give West German exporters a competitive edge in some rapidly expanding markets...
...Indonesia, East German engineers, attempting to demonstrate that the Communist world has as much to offer technologically as the U.S., blandly explained that it was not their fault that the $8,000,000 cane-sugar refinery near Djokjakarta, which they had promised to finish by now, was still not in production. Pooh-poohing Indonesian charges that the mill's machinery had been designed to process beet rather than cane sugar, the East Germans huffily and indignantly complained that everything would have worked out fine had Indonesian contractors laid proper concrete foundations...
...days the once great University of Jena, where Schiller and Hegel taught and Schopenhauer and Karl Marx studied, would celebrate its 400th birthday. The East German Communists were determined to make the most of the occasion. Under banner headlines last week, the Neues Deutschland carried an article urging the faculty on to greater and greater efforts in behalf of the "socialist reform" of the university. Among the signatures at the bottom was that of the university's rector, 63-year-old Josef Hämel. But on the very same page the paper carried a news item of quite...
Last week the German press lifted the well-kept secret of the Hanseatic's financial backers, revealed that the Hamburg-Atlantic Line is 60% owned by Greek Shipper Nicos Vernicos-Eugenides, president of Home Lines, one of the world's biggest transatlantic carriers, and 40% owned by wealthy German Cigarette Maker Philipp F. Reemtsma. Vernicos and Reemtsma put up $2,400,000 of their own money, borrowed the rest from German banks, got the big Hamburg-American Line (which has 41 freighters, one passenger ship) to manage the Hanseatic. In a poll of transatlantic traffic, they discovered...
...Though Hamburg-Atlantic is moving fast on Atlantic sealanes, the wonder boy of German shipping is a handsome, lean, baking-powder scion named Rudolf August Oetker, who started from scratch and now surpasses both Hamburg-American and its fellow giant, North German Lloyd. Taking advantage of the government tax law (which was repealed 3^ years ago), Oetker invested his big baking-powder profits in shipping. Oetker today controls the largest single German merchant fleet in terms of tonnage, consisting of 40 modern freighters and tankers totaling 375,000 tons...