Word: schlieker
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...ship has neither a bow nor a stern, it is certainly not a ship. But it is a nifty little method of getting the benefits of U.S.-built ships without the high cost. On order last week from the Hamburg yards of German Shipbuilder Willy Schlieker (TIME, Oct. 26) were the midsections of six vessels for Mobile's McLean Industries, Inc. With a booming business carrying highway trailer vans by sea, McLean decided to add six new vessels, each with a capacity of 476 vans, to his fleet of trailer ships. The problem was that if the vessels were...
...Tight Rope. Born in the Hamburg slums shortly before the start of World War I. Schlieker started kicking his way ahead during the Depression, became in rapid succession a farmhand, a clerk in a Nazi law court, a chamberpot salesman in Haiti. Back in Germany in ,1938, Willy caught the attention of the Ruhr's huge Vereinigte Stahlwerke, which made him their lobbyist to the Nazi government. So well did Party Member Schlieker lobby that he was eventually taken into the government as chief of the entire steel industry...
After the war, Schlieker was bounced between the Russians, French and Americans, eventually got the British to give him practically the same job he had under the Nazis: allocating the crumbled remains of German steel for peaceful uses. Eventually, Ruhr steelmen who had many a wartime grudge to settle initiated denazification proceedings against Schlieker, forced the British to fire...
...Silesian trading firm, Otto R. Krause, then proceeded (with Allied permission) to ship $16 million worth of steel to Grermany's Communist zone. His profit: $1,000,000. With the money he bought a steel mill, a rolling mill, a machine shop. During the Korean war, Schlieker shipped millions of tons of U.S. coal to Germany, hundreds of thousands of tons of German steel back to the States at handsome profits. When the war was over, he unloaded 50,000 tons of top-priced steel to desperate Ruhr traders just as the price broke. Said Willy: "You cannot learn...
...Schlieker is often accused of shady dealing, but no one has ever made a charge stick. Though the shipyard gets much of his time, more than half of schlieker's profits still come from trading, specially in steel. When questioned about he future, he says only: "I have no imperialistic ambitions." But as a British intelligence report once noted: "He is a ruthless opportunist, vain, ambitious, and egotistical . . . who seems destined for leading role in Ruhr industry, whatever orm of organization it adopts in the future...