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Word: rearmaments (lookup in dictionary) (lookup stats)
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Brauer is only one of several Socialist leaders who are challenging the Ollenhauer bureaucracy, which had insisted on socializing industry, fighting conscription and cultivating neutrality. Most prominent at the moment is broad-beamed Carlo Schmid, 60, a respected intellectual and foreign-policy specialist who backed German rearmament when other parliamentary Socialists fought the whole idea, and last fortnight topped Ollenhauer in the voting for the Socialist parliamentary group's executive council...

Author: /time Magazine | Title: WEST GERMANY: The Neo-Socialists | 11/25/1957 | See Source »

...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...

Author: /time Magazine | Title: WEST GERMANY: Up the Engineer | 11/4/1957 | See Source »

...Shadow Ministry. For Erhard and West Germany, the Korean war was a commercial opportunity. Without the necessity for fast rearmament, West Germany's reviving heavy industries were in a position to move into many foreign markets hitherto the preserves of Britain, France and even the preoccupied Americans. Erhard urged German firms to send their salesmen hotfooting after their old South American markets. Orders poured back into Germany, but in the wild scramble for raw materials, domestic prices rose alarmingly...

Author: /time Magazine | Title: Foreign News: Engineer of a Miracle | 10/28/1957 | See Source »

...chairmanship of the Cabinet's economic committee, which would enable him to gain overall direction of German economic policy. Up to now he has had to work in tandem with balky Finance Minister Schäffer, who has incurred Adenauer's displeasure by holding back rearmament funds and thus delaying Adenauer's plans for stepping up German participation in NATO. Inevitably there is talk that Erhard might be in line to succeed as Chancellor, but his lack of an organized following within the party argues against that now. Says Erhard: "I don't approach that question...

Author: /time Magazine | Title: Foreign News: Engineer of a Miracle | 10/28/1957 | See Source »

...Achtung, Achtung!" In a Hamburg suburb, Ollenhauer lambasted German rearmament with the particularly hollow charge that it was lowering Germany's standard of living, then motored out to the East-West border village of Eichholz on what he hoped would be a dramatic demonstration of his concern for German reunification. Ahead of Ollenhauer's Mercedes went a grey Volkswagen with loudspeakers chanting: "Achtung, Achtung...

Author: /time Magazine | Title: WEST GERMANY: The Sign of the Sausage | 9/2/1957 | See Source »

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