Word: ruhr
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...Irish than to treat them as a land of begorra, shillelaghs and shamrocks. Yet the myth is part of the land, and so is the economic progress that at last has reversed the emigration rate. It will take more than a few factories to make of Ireland another Ruhr, but the changed landscape is a sight to see, as shown by the eight pages of color this week that accompany the cover story on Sean Lemass, who represents the new spirit in the ould...
Germany's Ruhr, the great Pittsburgh and Ohio Valley complex, Russia's Do nets Basin - the areas where vast resources and power combine-long ago made their fabulous mark. Another of the world's great areas, in the eyes of geopoliticians, is just beginning to touch its potential. It sprawls, bigger than France, in Brazil's temperate heartland (see map). It is called Minas Gerais (pronounced mee-nesh jer-aye-eesh). However exotic the words sound in Portuguese, they simply mean General Mines-a most pedestrian description of a land of beauty and wealth...
West Germany's next chancellor, Economics Minister Ludwig Erhard, passed his first test for the big job last week. A week-long labor stoppage among 400,000 metalworkers in Baden-Württemberg was threatening to spread to the industrial Ruhr. Already $100 million had been lost in idle factories. It was up to "Uncle Ludwig" to act-and fast. He did. Summoning both sides to a wood-paneled conference room of the Economics Ministry. Erhard sat them down face to face, providing two antechambers for both groups to use for their own discussions. Then the doors were shut...
Brenner and Erhard scheduled a meet ing in an attempt to head off the strike before it spreads to the heavily industrialized Ruhr, where workers have already voted for a strike. Meanwhile, Volkswagen, Opel and Ford warned that they will have to close down this week because of a shortage of supplies. Unless Erhard can find some way to keep a wage settlement within reasonable bounds, the German miracle is in trouble; 10 million other German workers have already put in new wage claims...
...different philosophy guides the Eurocrats. It is that the whole world is the coming market, and that for Europeans to win a larger share of it they must build companies as big as the American giants. Last week the Common Market approved in principle a major reconcentration of the Ruhr's legendary but war-splintered Thyssen steel empire. The six-nation High Authority said that a "favorable decision" can be expected within a month on the petition of the August Thyssen Corp. to buy out the nearby Phoenix-Rheinrohr Corp., which was a part of the Thyssen empire before...