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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...
...Economics Minister. He would also like to take over Vice Chancellor Franz Blikher's 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...
...Austrian," as the French scornfully called her, was born in Vienna in 1755, daughter of the great Empress Maria Theresa. She first skips into history as a little girl "playing at marriage" in the Schönbrunn Palace galleries with a little boy prodigy named Wolfgang Amadeus Mozart. She was only 14 when her mother and Louis XV sealed their Franco-Austrian alliance by giving her in marriage to the French Dauphin. "Has she any bosom?" asked the aging wolf Louis XV of the emissary who helped arrange the marriage. "Sire, I did not take the liberty of carrying...
...Service. In Hamm, West Germany, after being fired for refusing to wear lip' stick, Elisabeth Schössler took her ex-employer to court, won pay compensation, went to work for another shop in the same capacity: lipstick saleswoman...