Word: kreuzeck
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...Austria, two loans totaling $22 million for Alpine hydroelectric projects to harness one of Europe's chief remaining undeveloped natural resources. One $12 million loan is for the Reisseck-Kreuzeck power project to help add 112,000 kw. of generating capacity by 1958; the other $10 million loan will go toward new dams and power stations to add 190,000 kw. of new capacity to the 111 River system in the Austrian Tyrol...
High in the Austrian Alps, melting snow cascades in a great torrent down the sides of the Reiffeck and Kreuzeck Mountains. Why not, thought the Austrian government, harness this energy for power? Austria could use it in its reconstruction, and the surplus could be sold to northern Italy's heavy industries. There was just one problem: Where would Austria get the money to build a hydroelectric plant? Last week Austrian Ambassador to the U.S. Karl Gruber went to the place that could help supply the funds. He marched into the office of Eugene R. Black, president of the World...
American High Commissioner to Germany John J. McCloy, who likes his off-duty muscle-flexing (tennis, touch football), took his wife & two children for skiing on Kreuzeck Mountain in the Bavarian Alps. First day out, McCloy took a tumble, finished the run on rescue sled and cable car, boarded his special train to Munich, where Army doctors announced he had a minor ankle fracture...
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