Word: ironed
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Dates: during 1960-1969
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Back home in Australia, Holt was just as steady. He pushed industrial and natural-resource development programs that are now raising the country's gross national product by 9% a year; he also made Australia a major world supplier of iron ore, bauxite and alumina, as well as stepping up production of the copper, lead, zinc and coal that it has long produced. By the early 1970s, the government expects to be exporting $1 billion worth of minerals alone (v. $430 million last year...
...Iron Mike's Domain. Few men understand the problems and profit of this kind of U.S. manifest destiny better than the short (5 ft. 8 in.), bald, square-jawed chairman and chief executive of the world's biggest oil company, Standard Oil of New Jersey.*He is 63-year-old Michael Lawrence Haider (rhymes with strider), and he views the world from a 29th-floor office in midtown Manhattan's RCA Building...
...Colonel George Papadopoulos. He had originally gone along with the coup in hopes that he could exercise a moderating influence on the zealous colonels. But his advice was largely ignored as the junta enacted scores of restrictive laws, banned mini skirts and beatniks' beards, clamped an iron censorship on the press, and sent hundreds of Greeks to prison on such charges as "speaking ill of the authorities" and playing the music of out lawed leftist composers. Constantine waited, hoping for the proper moment to spring a countercoup that would oust the junta and re-establish parliamentary rule in Greece...
...more recent mistake was to invest $100 million in a new rolling mill that exceeds Salzgitter's steel capacity. Thus the company has to purchase semifinished steel from the Ruhr to use the mill economically. As Germany's largest producer of iron ore and ships, fourth largest coal producer, and seventh largest steelmaker, Salzgitter is in just about every problem industry in Germany. "The only thing we are missing to complete the whole scale of weak industries would be a textile plant," says Wolfram Langer, 51, State Secretary for the Treasury and new chairman of Salzgitter...
Still Trying. So far, the program includes seeking out partners for Salzgitter's coal, steel and iron-ore production in the private sector. Two new oxygen steel converters are to be built at a cost of $9,000,000 each to restore a balance between steel and rolling-mill capacities. The merger of Salzgitter's shipyards, Howaldtswerke of Kiel and Hamburg, with Deutsche Werft, a private shipbuilder, into a vast enterprise with combined sales of $200 million will take place Jan. 1. Büssing will cut its labor force by 2,000, and has been ordered...