Word: seven-year
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...Industrialist Friedrich Flick reached his 80th birthday this month, he celebrated by donating more than a million dollars to charity and scientific research. Flick's generosity is one result of a remarkable accomplishment: the reconstruction of his personal fortune. Just 13 years after his release from Landsberg prison, where he served five years of a seven-year term for using Nazi slave labor in his factories, Flick once again heads Germany's biggest and most powerful industrial empire. He controls an interlocking maze of 156 companies in autos, steel, chemicals and paper whose annual sales total is more...
...Saunders appointment, which helped to lift the Pennsy's stock last week, came at a time when almost all railmen, dour for so long, are smiling for a change. Rail shares on the Dow-Jones average have risen more than 50% since last October. They briefly touched a seven-year peak last week. Because of the economy's general strength, the Association of American Railroads predicts that carloadings in this year's third quarter will rise 3% over the same period a year ago. The backlog of orders for new freight cars has jumped from...
...Presidium and the government's Council of Ministers, which announced creation of a new, all-powerful Supreme Economic Council, discarding at last the discredited scheme for regional industrial autonomy that was installed in 1957. At the same meeting, Khrushchev scrapped the last two years of his much-touted Seven-Year Plan (1964-65) and ordered the new economic czars to get busy and draft a new set of quotas...
...named Russia's farm boss, succeeding the hapless Konstantin Pysin, who had held the job for less than a year. During his brief tenure, Pysin tried his best to coax more production from the collectivized peasantry. He even squeezed in a month-long tour of U.S. farm lands last September, hoping to pick up a few pointers. Alas, nothing seemed to help. The Soviet grain harvest last year was 16 million tons less than the quota under the seven-year plan, and Nikita Khrushchev's promise to give the Soviet people more bread again was thwarted. The fall...
...When Lord Salisbury resigned after a seven-year term...