Word: oil
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Dates: during 1950-1959
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Down in Number. Lewis' most forward-looking contribution to the U.S. was his acceptance of labor-saving machinery for an industry that was in decline. In the teeth of competition from natural gas and oil, Lewis wrote the contracts to help the coal owners, came out unequivocally for automation and higher productivity even though that meant redeployment of many of his miners and a faster decline of his mighty U.M.W. from 600,000 after World War II to 430,000 today...
...huge water projects and irrigation systems. Other valley towns thrived, but Teviston never amounted to much because it had no water supply of its own. To get their water, Teviston people had to go to nearby Pixley or Earlimart and haul it back in battered milk cans and oil drums. They measured their status by the number of cans and drums that they could acquire...
...were the metal "piston rings" at the tips of the triangle that keep the chambers gastight. But NSU says the metal strips show no wear after 300 hours of fullspeed operation. The engine uses a conventional carburetor and can be made to burn many kinds of fuel, including diesel oil. It is not for sale yet, but NSU expects to have it debugged and in large production in about two years...
...challenge from the world is plain, and so is the solution. "If one thing is clear," says Standard Oil (N.J.) Chairman Eugene Holman. "it is that we cannot go back. Weary slogans, old patterns of thought will not be too useful in the 1960s." As Holman and many another U.S. businessman knows, the growth of the U.S. was not accomplished by old patterns of thought. It was accomplished by new ideas and experimentation, by resourcefulness and eagerness...
...even 1954's tourist - would hardly recognize the place. Throughout West Germany, old military installations have become light industrial plants; along the middle Rhine, from Karlsruhe to the outskirts of the Ruhr district, new oil refineries and petrochemical plants are popping up like mushrooms. France's war-ravaged port city of Rouen has new docks, new bridges, new housing developments for 60,000 workers, who labor in refineries, operating with three times their prewar capacity, and in new plastics and textile plants. To the south, the land opposite Venice's drowsy lagoon has emerged...