Word: shipyard
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Dates: during 1950-1959
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...ever built in the U.S. Then, before 10,000 flag-waving spectators at Newport News, Va., the 51,500-ton, 990-ft. United States was "launched," i.e., she was towed from the flooded drydock in which she was built (she was too big for the ways of any U.S. shipyard) into the James River, and gently nudged by twelve tugs to her finishing pier...
...ship cost more than $70 million, with the Government kicking in $42 million to help pay for the military features and the extra cost of building her in an American shipyard rather than in low-cost foreign yards. The United States will also get a subsidy from the Government, possibly up to six figures a year, to make up the difference between U.S. operating costs and the average operating costs of foreign competitors...
Hardly had the autoworkers gotten theirs when the wage board pierced its ceiling again: it approved a 15% increase for more than 20,000 East Coast shipyard workers. At week's end, WSB seemed to be getting ready to junk the whole idea of a 10% raise limit, approve any existing escalator clauses, and instead control wages on a cost-of-living basis...
...attending some white-glove parties, the Brazilian admiral, who commanded the 1st (Rio) naval district during the latter part of World War II, embarked on a series of trips to ordnance plants, naval schools and submarine bases. "I learn," explained the admiral after visiting the New York Naval Shipyard. "In spite of my grey hair I am always learning...
...bottom off Bay Ridge, Brooklyn. Within an hour all 114 passengers had been taken off and American Export Lines began a furious race to get the Excalibur ready for sea again. In 39 days of continuous work, the line spent $1,000,000 on salvage operations, shipyard repairs', hotel bills for displaced passengers. Last week, the last two plates were welded on the Excalibur's hull; next week she sails for the Mediterranean...