Word: ingot
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Dates: during 1960-1969
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Then De Gaulle dropped an ingot that sent sound waves through the financial world: he called for a return to the gold standard, and a whole new approach to the international monetary system (see U.S. BUSINESS). Admittedly, said De Gaulle, such a measure would cause an enormous upheaval in the world financial structure-which these days is based largely on the dollar. But, De Gaulle went on, "there can be no other criterion, no other standard, than gold-gold that never changes, that can be shaped into ingots, bars, coins, that has no nationality and that is eternally and universally...
...dynamic montages of modern wealth. Fire and smoke belch forth from towering blast furnaces that gobble up a steady stream of coal, iron ore and limestone from huge supertankers. The Japanese take second place to no one as owners of the most modern steelmaking equipment, have 14 ore-to-ingot plants operating at nearly 95% of capacity and another four being built. Japan ranks second to the U.S. in up-to-date strip-mill capacity and produces 38% of its steel by the speedy, economical oxygen process, while only 10% of U.S. steel is made that...
...hotel reservations anywhere in the world for its customers, has outdoor "walkup windows" to serve them. New York's Manufacturers Hanover Trust Co. has started an offbeat radio and TV advertising campaign to attract more customers, is offering the fashion-conscious checkbooks whose covers come in "currency green," "ingot gold," "bond beige" or simulated cobra and leopard...
...press conference. President Kennedy was going to give the Flight Engineers' International Association, which was threatening a strike that would ground three major airlines, the same tough treatment that he had given Big Steel. But as it turned out, the difference was as between that of an ingot and an iota...
...STEEL: Production in 1962 will rise 10% to 15% above this year's anticipated 100 million ingot tons, predicted Republic Steel Corp.'s William P. Carlin...