Word: pfennigs
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...world's major passenger carriers before World War II; its queenly Europa and Bremen IV competed with British and French ships on equal terms. But the war cost the line 99.5% of its tonnage. The task of reconstruction fell to brisk Director Richard Bertram, 55, and pfennig-pinching Co-Director Johannes Kulen-kampff, fiftyish, who personally picks through the company's discarded files to salvage used paper clips...
...sports car and, after it had been damaged in an accident, the Daimler-Benz Co. replaced it with a sky-blue Mercedes 220 S cabriolet. What even the most dogged search failed to uncover was any evidence that Bureaucrat Kilb had paid Daimler-Benz so much as a pfennig for either...
...allied eyes was German responsibility to help support the NATO defense troops on its soil until West Germany could provide a full-sized force of its own. Since then the German buildup has lagged; the allied troops have had to stay on but the Germans have begrudged every pfennig the allies asked for their support. When Britain presented its bill for the current year, Defense Minister Franz Josef Strauss flatly refused to pay, and was backed by the Cabinet. Germany needed the money to build up its own defense forces, said Strauss. To a French claim for funds Strauss warned...
Even when he went to the Bundestag to be sworn in for his third term as Chancellor, der Alte did not have his Cabinet list ready. The problem was pfennig-pinching Fritz Schäffer. As Minister of Finance in the old Cabinet, Schäffer had consistently resisted the plans of Economics Minister Ludwig Erhard to ease taxes to produce more investment capital; he had also refused to release budget money for rearmament...
Erhard is not the sole motor of Germany's booming enterprise. Skinflinty old Finance Minister Fritz Schäffer, fighting stubbornly for his pfennig-pinching budgets, and Central Bank Boss Wilhelm Vocke. keeping alert hands on the nation's interest rates, have helped immensely in preserving the federal republic against inflationary dangers. But Erhard created the proper climate, bulled away the obstacles. Keeping clear of technical intricacies, he preaches the wider doctrine of expanding productivity, the Soziale Marktwirtschaft that might be translated loosely as "free enterprise alive to social responsibilities." It means, he once remarked only half jokingly...