Word: krupp
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Dates: during 1950-1959
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During the Thirty Years' War, a Krupp sold guns to Protestant and Catholic alike, and from that day to the end of World War II the family was rarely false to the Shavian armorer's creed. The blood-and-iron saga of Kruppdom, including its rise from the ashes of World Wars I and II, is an intrinsically fascinating story. Unfortunately the drama is often dulled by German-born Author Norbert Muhlen's drab style. But he livens his chronicle with a series of personality sketches of the lonely, driven eccentrics who lorded it over the steelworks...
...bought a 37½% interest in Daimler-Benz between 1954 and 1957. Flick has driven Mercedes so fast and furiously that his stock has risen in value from $20 million to $200 million, and he has rocketed back to become Germany's No. 2 industrialist (after Alfried Krupp). Seeking a smaller car for the Mercedes line, Flick had Daimler buy 88% of the competing Auto Union company, which puts out the D.K.W. buggy (Manhattan price: $1,995). Counting Auto Union's sales of $120 million yearly, Flick's Daimler complex now ranks as the world...
West Germany's steel industry rose from the ashes to surpass its prewar record in steel production, has raised its capacity to 29.3 million tons yearly. Led by the huge combines of Alfried Krupp and August Thyssen-Hutte, the German industry is flexing its muscles, reconcentrating once more to make itself more efficient, aggressively seeking out new markets from India to South America. In Great Britain, heavily bombed in the war, the steel industry is now among the world's most modern. Britain's biggest steel company is United Steel Companies Ltd., whose chairman, Sir Walter Benton...
MANY of the cover subjects added a fillip to their autographs. Alfred Krupp returned his signature with a note from his secretary saying that the Ruhr industrialist rarely gave his autograph, but was making an exception. J. Paul Getty, one of the world's richest men, wrote his name in pencil, and Kim Novak wrote, "Best wishes...
...firms. Germany's once huge aircraft industry has been pulled together into two big "North" and "South" industrial units, composed of such famous firms as Heinkel, Messerschmitt and Dornier. The government has already awarded them contracts to make 200 F-104s and other foreign planes under license. A Krupp subsidiary, "Weser" Flugzeugbau, has been commissioned to design a medium-range transport. In March, Strauss's Defense Ministry parceled out $520 million in military spending, five times the average of any preceding month...