Word: kaisers
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County, Pa.,* midway between the site of United States Steel's $400 million Fairless Works and the Kaiser Metal Products plant on the Delaware River. There the Levitts will build Levittown, Pa., a 16,000-home community second only in size to their Long Island Levittown's 17,546 houses...
Wilson had good reason for his candid answer. When he decided last winter that the U.S. needed a second boost in aluminum capacity, he wanted to get it from those who had the know-how to supply it -Alcoa, Reynolds and Kaiser, the industry's Big Three. But Celler, who heads a House subcommittee investigating monopolies, objected. The U.S. had just beaten down Alcoa's monopoly, said he; now it was threatened by an "oligarchy" in aluminum. When the Justice Department gravely nodded its head in agreement...
Instead, Charlie Wilson, fed up with the delay, prodded out quick tax write-off approval for the expansion plans of the Big Three: an 85,000-ton Texas plant for Alcoa, a 120,000-ton expansion for Kaiser, 20,000 tons of new capacity for Reynolds at Longview, Wash. Total approved expansion for the Big Three since Korea: 545,000 tons. Approved expansion by newcomers: 0. Even Manny Celler and the Justice Department had finally come around to the view that if the U.S. wanted more aluminum fast, it had to go to the people who had the money...
Shoestring Start. The first classes met at the Free University in 1948, in a handful of shoddy houses and what was left of the research buildings of the Kaiser Wilhelm Institute. Two years earlier, in the Eastern sector, the Soviets had reopened the old University of Berlin. But they did little more than repeat the Nazi patterns of corruption. A disgusted group of students and professors went to Generals Clay and Howley to plead for a decent school. From the A.M.G. and the West Berlin government of Mayor Ernst Reuter they got money and equipment for a shoestring start...
...pressed debtor, Cleveland's Otis & Co. last week moved with rare speed to stay ahead of the bill collector. It closed down its offices in Buffalo and Manhattan, hustled out chairs and desks in Manhattan just one jump ahead of a U.S. marshal, acting for Kaiser-Frazer Corp. Ever since K-F won a $3,120,743 judgment against Otis for welshing on a $10 million stock deal, K-F and the Securities & Exchange Commission have been hot on Otis' trail. Last week, after Otis informed SEC that it did not have enough capital on hand...