Word: iron
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Dates: during 1960-1969
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...WALK into Elijah Adlow's courtroom and you want to get out. The courtroom is a jail cell; its high flat walls move square around you, and the windows are slatted with iron. But unlike a jail cell, which offers some sanctuary, Adlow's courtroom is thoroughly menacing. You are intimidated by the judge, by the bailiffs with their thick chins and thin lips, by the chuckling old men who come to watch every day, and mostly by the walls that hold you inside--even if you are a free man, as I was Thursday, just a spectator...
...Corridors of Power, The Two Cultures), who is celebrated for his observations on the disparity between the worlds of science and the humanities. Lord Snow issued his warning last week as he delivered the John Findlay Green lecture at Westminster College, Fulton, Mo. (where Winston Churchill made his classic "iron curtain" speech in 1946). In effect, Snow said that Malthus' gloomy prognostication might be borne out within a generation...
When Prime Minister John G. Gorton recently toured northern Australia's coal, oil, iron and bauxite fields, the trip turned out to be less than a happy inspection. The assessments that the fields are among the world's richest new natural resources are fair dinkum. But at each stop, when Gorton asked his hosts about the Australian share in their projects, the answers were disheartening...
...Queensland Alumina Ltd. operation, for instance, Australian ownership is less than 1%; the remainder is held by British, Canadian, U.S. and French companies in consortium. Mount Goldsworthy Mining Associates, which ships 4,000,000 tons of iron ore to Japan annually, is 8% Australian and 92% British and American. The only large project in which Australians hold a majority interest, Gorton was told, is the Mount Newman iron mines, where their share...
...problem is by increasing Australian capital available for new investments. It recently started the Australian Resources Development Bank, a semigovernmental institution that marshals local funds and directs them to new projects. In its biggest project so far, the resources bank helped the Australian backers of the Mount Newman iron mines raise development money. Now some federal officials would like to establish a similar organization that would borrow funds outside Australia on behalf of Australian investment. For his part, Gorton has so far not taken threatened legislative steps to provide for larger local investments. For the moment, the government is merely...