Word: mill
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Dates: during 1960-1969
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...used to be that every nation, developed or underdeveloped, wanted its own steel mill. Now it is auto plants. Home assembly plants of foreign-designed cars have blossomed from Egypt to Formosa. Japan's 14 auto producers, who design their own autos, plan to double production this year. South Africa's plants put together no fewer than 95 different models. But Latin American countries, which have caught the itch, simply cannot afford the grandiose auto industries that they have lately created. While the U.S. has five major auto producers, Latin America has close to 50-mostly from...
...rings around the Red Wings for the Stanley Cup and $2,000 per man. - > Belgium's Aurele Vandendriessche: the 26-mile, 385-yd. Boston Marathon, thus becoming the 17th foreigner to win the Patriot's Day race in the last 18 years. A bookkeeper in a cotton mill, Vandendriessche, 30, loped leisurely through the Newton hills, had no thought of winning until two miles from the finish when he found Ethiopia's heavily favored Abebe Bikila staggering rubber-legged just ahead. Vandendriessche dashed past Bikila, crossed the finish line 500 yds. ahead of Connecticut's Johnny...
...inefficient state-owned concerns for purposes of patronage) the general moral that the U.S. should not support state industries which compete with private ones. If followed, this principle will prohibit A.I.D.'s granting India's request for $600 million to cover the external costs of a new government steel mill, a project that Ambassador Galbraith has strongly supported...
...crowd included kilted Scotsmen and old-age pensioners, apprentices, mill girls and grizzled steelworkers. Most came from the northern shipbuilding and steelmaking cities of England, Scotland and Northern Ireland, where the misery of the 1930s is not forgotten. Last week, by contrast with the hunger marches of that era, most arrived by train or bus; some even came by plane. Said a Scottish miner: "We are not hungry men asking for food. We are angry men asking for self-respect." Getting into Politics. They pointed out that though warm weather has boosted employment in homebuilding and heavy construction, the actual...
...tons a year of business that steel used to count on. Steelmakers now concede that they were too long indifferent to the competition of other materials, and to fight back are boosting their capital spending 11% this year, most of it for modernization. Jones & Laughlin recently opened a new mill for "thin tin" plate to compete against the increasingly popular aluminum cans that pull open without punching. U.S. Steel is finally building two highly productive "basic oxygen" steel furnaces...