Word: kaisers
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...alone has done little to enhance productivity, labor has contributed by becoming better skilled and schooled-with the help of management. Du Pont uses the new "teaching machines" to upgrade its blue collars so that when their jobs are made obsolete, they can shift over immediately to new ones. Kaiser Steel recently started to pay monthly bonuses for increases in productivity and reductions in production costs, has paid an average $524 per man so far this year, finds that workers now take noticeably greater pains to prevent costly mechanical breakdowns...
...corporations match the international scope of the Kaiser industrial empire, whose 60 companies in 27 countries embrace automaking in Argentina, cement work in India and hydroelectric power in Ghana. There is something new almost every week, and last week Kaiser Aluminum announced that it will build a new aluminum plant in Japan. The man who keeps all systems in a go condition at Kaiser is balding, inexhaustible Edgar Kaiser, 55, who moved in behind Henry J. nine years ago and transformed his father's patchwork empire into a soundly based giant. Edgar also inherited Henry J.'s restlessness...
Reared in Lorraine while it was un der the Kaiser's rule, Schuman was a German for the first 33 years of his life. When the Treaty of Versailles returned Lorraine to France after World War I, he became French (although he never lost his German accent) and was elected a Deputy. Educated in the law, lean and tall with a toothbrush mustache, the ascetic Schuman was a natural for the finance commission, where he served for 17 years. He ate cheap meals, prowled his offices snapping off lights. A lifelong bachelor, Schuman once answered the door...
...Justice Department's new weapons have become powerful deterrents even when not being used. "When we see a merger possibility that we think we're going to be attacked on, we just forget it," says Executive Vice President Gene Trefethen of Kaiser Industries. Stauffer Chemical dropped its plans to buy American Viscose Corp. when the trustbusters showed interest. "It's enormously expensive to defend an antitrust charge," notes Moses Lasky, a San Francisco antitrust lawyer. "Just to have one of them brought against you is extremely serious financially...
Robert Blair Kaiser studied ten years for the priesthood before becoming a journalist. Fluent in Latin, he was assigned by TIME to cover the Ecumenical Council of the Vatican in the fall of 1962, and his knowledgeable reporting won for him the 1963 Overseas Press Club award for the best magazine reporting on foreign affairs. Recently he took time off to write Pope, Council and World (Macmillan; $4.95). So that he could get the solitude he wanted, he checked in at the Roman College of an international missionary order, and there for six weeks wrote from 8 in the morning...