Word: mine
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Dates: during 1950-1959
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...with a Flair. In the rowdy game of Australian politics, no man has played with more vigor and flair than Herbert Evatt. A twangy-voiced, clumsily eloquent, self-made man from the New South Wales coal-mine area, he blended a superior mind, a well-nourished ego and a twelve-cylinder ambition into a striking career: he earned the highest marks in the history of Sydney University's law school, scored sensationally as a defense lawyer, wrote eleven books (including an angry defense of Captain Bligh against Hollywood's version of the Mutiny on the Bounty), became King...
...sample of such "social-conscience" methods was provided inadvertently when the delegation flew up to Manchuria to visit new steel mills provided by the Russians. At an old coal mine, which had been confiscated from the British (the fact was not mentioned), a foreman had been tried a few days before by a people's court convened on the spot, and summarily shot for inefficiency and sabotage. This, at least, seemed to distress some of the visitors...
Payoff in Manhattan. Last week Prospector Pick went to Manhattan to see about selling his mine. There he sat down with Floyd Odium of Atlas Corp., who has been busily scouting the Colorado plateau, picking up uranium claims in hopes of putting together a major new combine of uranium companies. After several days of dickering, Pick sold his mine to Odium's Atlas Corp. for a whopping...
Pick will stay on as chief executive officer of the mine, while Atlas will set up a subsidiary to get the property into big-scale production. At present Pick is digging out 1,500 tons of ore a month and selling it to the AEC at a clear profit of $32 a ton. Odium soon hopes to step that up to 10,000 tons a month. Said he: "Uranium is the oil of tomorrow, and tomorrow isn't very far away...
COPPER STRIKE, which idled 33,000 workers, may prompt Attorney General Herbert Brownell to crack down soon on the Communist-led International Union of Mine, Mill & Smelter Workers under the new anti-Communist...