Word: non-german
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...long considered beneath their dignity. To bring more West Germans into the securities market, Abs set up in 1956 a mutual fund, Investa, whose holdings are now worth $166 million. Last year, to encourage investment in foreign enterprises, he established two more mutual funds composed entirely of shares in non-German companies. But Abs's chief interest still lies in financing German industry, and over half of the bank's loans go to industrial firms...
West Germany has one of the world's lowest unemployment rates: .6% of a labor force of 21 million. To keep their economy expanding, the West Germans last year imported more than 400,000 non-German workers, and this year the figure is expected to be much bigger. Nearly 5,000 Italian and Greek workers arrive each week through Munich alone. Others pour in from Spain, France, The Netherlands, Austria, Yugoslavia-even Turkey...
...steady annual increase of 6% in our national product," West Germany's Economics Minister Ludwig Erhard proposed that his government review its system of foreign credits and "untie" them so that in the future underdeveloped countries would be free to use German credits for the purchase of non-German products. The U.S. could only welcome the offer, while noting wryly that burgeoning West Germany could now contemplate a variety of economic liberalism that the U.S. itself had felt obliged to restrict...
...only non-German composer was Harvard's own Walter Piston, with his early, acerb Chromatic Study on BACH, and his more recent and highly important Prelude and Allegro. In this and the Mozart, Mrs. Pardue was assisted by a string orchestra of Summer School students, conducted by G. Wallace Wood worth, James Edward Ditson Professor of Music...
...production's cast was youthful and predominantly non-German: Hungary's Sandor Konya as Lohengrin, Austria's Leonie Rysanek as Elsa, France's Ernest Blanc as Telramund, the U.S.'s Astrid Varnay as Ortrud, and Keith Engen, who sang King Heinrich (wearing his 1944 University of California class ring). While the principals were vocally uninspired, the chorus was in splendid form-despite severe hardships. Wieland's staging demands that the male chorus remain frozen-and conscious-for 70 minutes in the first act. In last week's premiere, several members retreated giddily...