Word: piers
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Dates: during 1950-1959
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...Wood port and starboard. Finally, on the second day, after knifing through the Gulf Stream, Canberra moved into the Bahama Islands' 100-mile-long Exuma Sound to be welcomed by warm sun and blue sky. Behind, through the veil of rain, lay the ship's Norfolk pier and beyond that Ike's own pier, the White House. On the horizon: the ragged smudge of Cat Island. To the northeast lay Bermuda and a highest-level conference of the Anglo-American allies...
Boston's mammoth, reeking fish pier, which juts 1,200 ft. into South Bay, has long been the hub of New England's fishing industry, once the most prosperous branch of U.S. commercial fishing. In recent years the pier has also become a symbol of the industry's steady decline. Since World War II, Boston's trawler fleet has dropped from 140 to 79, its once huge force of fishermen to 2,000, its share of the vital groundfish market (e.g., flounder, haddock, cod), which was once 90%, to 45%. Yet last week the Boston fish...
...after the worst year in the history of Boston's fishing industry, the Fulhams decided that the antiquated fish pier, and its way of doing business, would have to be modernized if the Boston fishing industry was to survive. They quietly began buying stock in the pier, and, with two-thirds of the-stock in their hands, became landlords to Boston's fishing fleet, and launched a long-term improvement program...
Boston's fishing fleet has steadily resisted change. Fish are still scooped from the trawlers with pitchforks that damage much of the catch, trundled off in ancient, scale-covered wooden carts, dumped into insanitary oak barrels. The Fulhams plan to install modern handling equipment, are also constructing the pier's first rendering plant to convert trash fish into meal for animal food and fertilizer, thus give the fleet a profitable incentive to go after porgies and other cheap fish when good fish are scarce...
...Financier Leopold Dias Silberstein, 52, has swept up 20 companies into his Penn-Texas Corp., sometimes by stock swaps after a tough proxy fight. Last week, driving for his biggest prize of all, Chicago heavy-equipment maker Fairbanks, Morse & Co. (TIME, March 12), Silberstein ran into a brass-knuckled pier 6 brawl. The opposition came not from Fairbanks, Morse but from within Silberstein's own camp. In a New York Federal Court, dissident stockholders demanded an accounting of Silberstein's management...