Word: shipyarders
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Buffett's seagoing impulses were bred in Mobile, where his father was a naval architect at a local shipyard. His grandfather, to whom Buffett dedicated an album, was a retired ship captain who first sailed aboard a whaler at the age of 14. Buffett himself left home at 18, bounced through a series of Southern colleges and took guitar lessons. He began touring the Southern honky-tonk circuit and recorded his first album in Nashville. Says he: "It was a terrible record...
Longer than a football field, 77 ft. high with her twin stacks raised, the Mississippi Queen is a world apart from the wooden tinderboxes that traveled the Ohio and Mississippi rivers in the 19th century. By the time she left the shipyard in Jeffersonville, Ind., last month, the Queen had cost $23.5 million. She has seven decks, with 218 staterooms tastefully appointed in muted grays and browns. There is a swimming pool, a sauna, a movie theater, a two-deck dining room and a grand salon. Originally the Queen was intended to be a much closer copy of her predecessors...
...effort is imperiled because two of the nation's most important shipbuilders no longer want to produce ships for the U.S. Navy under present contract conditions. Litton Industries, whose Pascagoula, Miss., shipyard is building radically new generations of gas-turbine-powered destroyers and big helicopter assault ships, has petitioned a federal court in Los Angeles for a ruling that in effect would permit the company to halt construction of the assault ships on Aug. 1. Similarly, the giant Newport News shipyard, a subsidiary of Tenneco, has asked a federal court for permission to stop work on a guided-missile...
...them successful. France is now cracking down on terrorists, but the task is likely to prove difficult. That much became clear when, two days after the Zenteno murder, Jacques Chaine, president of the Credit Lyonnais, France's second largest bank, was shot and killed by a young French shipyard welder who then killed himself. Police said, however, the two incidents were unrelated...
...Basauri, a suburb of Bilbao in rebellious Basque country (TIME, March 15), a demonstrator was gunned down by the Guardia Civil; a furious crowd forced the guardsmen to retreat to their headquarters. In Tarragona, a worker fell from a roof to his death during a clash with police. Shipyard workers even struck in Franco's birthplace. But a quieter event of considerable political significance occurred last week in Madrid, where nine military officers were found guilty of sedition...