Word: inlander
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Despite below-capacity operation in many segments of the steel industry, Republic Steel raised its nine-month earnings 30%, for a record $73 million, and Inland Steel lifted its nine-month net to $43 million, 18% over 1955, its best previous year. Among the oil companies, hurt by overproduction, Socony Mobil and Shell Oil both reported profit dips. But Phillips Petroleum and Texas Co. reported 1957 profits ahead...
...legislation contains a whole new section setting up a Development Loan Fund for the express purpose of "encouraging competitive free enterprise" abroad. For the first time the U.S. Government is authorized to make loans directly to foreign businessmen. The Administration and such businessmen as Clarence Randall, former chairman of Inland Steel, and Benjamin Fairless, former president of U.S. Steel, plus such business organizations as the Committee for Economic Development and the National Planning Association, fought hard to get the fund established. But the attack on Hollister was a sharp reminder that the fight is far from over. Even harder fighting...
...cases by August 17, Houston, Dallas, and New York City have both reported what are still minor outbreaks, Louisiana and Mississippi have a total of 45,000. No cohesive attempt, however, has or can be made to distribute vaccine on a geographical basis, starting at the oceans and working inland...
...freely elected bodies of Argentine citizens were trying-painfully, confusingly-to shape a democratic future for a nation still rent by a decade of dictatorship. At the inland city of Santa Fe last week, 205 members of a constituent assembly gathered to write a constitution to replace the dictatorial charter used by deposed Strongman Juan Perón. In a Buenos Aires dance hall, Peronista and anti-Peronista labor leaders fought for control of the all-embracing General Labor Confederation (C.G.T.). President Pedro Aramburu, the uncompromising general who heads the provisional regime, spurred them on with urgent warnings. "While...
...Kemal Ataturk took over from the moribund Ottoman Empire after World War I, the ancient glories of Constantinople were already flaking away in a slow death of peeling paint, collapsed masonry, commercial clutter and neglect. Nobody much cared. The fashion then was to lavish attention on the bustling new inland capital of Ankara. As time passed, tourist interest and national pride in the possession of a great historical monument gradually restored Turkish affection to the city they now called Istanbul. Still, nobody did much about repaving its streets, restoring its buildings or clearing its slums until last summer, when energetic...