Word: ironing
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Dates: during 1950-1959
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...small but symbolic part of Japan's reparation payment to the Philippines. While the two nations continue to haggle over reparations, the salvage work will proceed, and its cost, about $6,500,000, will be credited to Japan's total debt. The scrap iron will be turned over to the Philippines...
...Hinterzarten, West Germany, the Olympic committees of East and West Germany lifted the Iron Curtain, agreed to field a combined team at Melbourne next year. Berths will be awarded solely "on merit...
...idealized by Soviet propaganda, the New Soviet Man comes equipped with iron will and brass nerve. But Social Psychologists Helen Beier and Raymond Bauer, two members of a Harvard team that interviewed several hundred Soviet refugees, believe that the much-touted toughness is often a thin veneer, particularly among the "Golden Youth" of the new Soviet upper classes. In The Journal of Abnormal and Social Psychology, Beier and Bauer present a case history: 30-year-old Oleg, an intellectual who fled to the West...
...from the comparable period of last year, and Illinois Central lifted its net a thumping 54% to $14 million. With 1956 auto production just getting under way and heavy construction still booming, steelmakers, already at 91.4% of capacity, wondered how they could fill their fall orders. The magazine Iron Age said that the demand for steel would sustain operations at 100% of capacity if only the steelmakers could reach that goal...
Died. Hermann Röchling, 82, head of the Röchling Iron and Steel Works in Völklingen through World Wars I and II, sometime Nazi industrial boss of the Saar; in Mannheim, Germany. The first industrialist to be convicted of waging aggressive war (1948), Röchling had his seven-year sentence boosted to ten by a French appeals court, was later released in 1951, and barred with his family from entering the Saar or his factories, now French...