Word: plante
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Dates: during 1950-1959
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Rodeo's Home. Second of three sons of a patient, pious couple of German-Lutheran descent. Lyman Lemnitzer was born Aug. 29, 1899, in Honesdale, Pa. (pop. 6,000). Thrifty father William worked up in 53 years at the local shoemaking plant from odd-job boy to vice-president, built a fortresslike house on the right bank of the Lackawaxen River (one small bridge later named after Lyman). Poorer kids ate butter, but the Lemnitzer boys got their bread dry or lard smeared. They dutifully did their chores (dishwashing, lawn mowing), earned their spending money at part-time jobs...
...Detroit, if a compositor works so much as a minute into his lunch period, he gets time and a half for the whole period. A printshop employee, if not notified of a change in his shift before leaving the plant, gets $2 extra "callin" pay-plus overtime until the start of his regular shift...
...papers have shaved overhead by forming cost-cutting business alliances. Tulsa's morning World and evening Tribune, spirited editorial rivals, share the same shop. Papers in three Georgia cities have combined as the Georgia Group, whose ad salesmen sell space at a reduced group rate. In a single plant in Clarksville, Tenn., Publisher James Charlet prints nine papers. In a recent, dramatic example, New York's chain-publishing S. I. Newhouse sold plant and property of his strikebound St. Louis Globe-Democrat to the thriving St. Louis Post-Dispatch, which will print the Globe on contract...
...industries, is no threat to most industry (imports are still only 4% of all U.S. manufacturers' sales). But it is a timely warning of the far greater challenge that the U.S. faces abroad. In the early postwar years the U.S. dominated world trade by virtue of its new plants and techniques, and lack of competition. But no longer. Now, thanks to the Marshall Plan and other U.S. aid programs, plus the spending of private business, plants just as efficient as those in the U.S. are turning out goods around the world. Britain's $490 million Abbey steelworks...
...rising stocks. Almost all the companies visited rose as U.S. and European investors anticipated the analysts' reports. Britain's Edwards High Vacuum climbed 58% with the visit, and Germany's Siemens & Halske went up 5 points just ber fore the visitors went rubbernecking through a Siemens plant...