Word: steamship
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Dates: during 1970-1979
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...Said a Manhattan construction worker: "He's thinking of the overall problem, which he knows and I don't." Moreover, an increasing number repeated labor's ceaselessly argued point: that the Nixon program places an unfair burden on labor. C.L. Dennis, president of the Brotherhood of Railway, Airline and Steamship Clerks, pointed to perhaps the greatest disparity possible in a period of incomes policy. Says he: "Sure, I've got a few shares of stock myself. But it's wrong as hell to have fortunes made by speculators on the stock market while workingmen's wages stand frozen...
Since 1965, Japanese steel production and the corresponding coal and iron-ore imports have grown at an average 11% per year. Unable to meet the coal and ore import needs of the mills, Japanese steamship companies began chartering extra tonnage from foreign shipowners. As a result, almost all freight rates were pushed skyward. At the peak of the boom in 1969, the steamship companies were chartering Greek and Norwegian vessels to haul coal from Hampton Roads, Va., to Japan for the hungry steel mills at rates that gave the shipowners profits of as much...
...emphasis is on technical assistance in agronomy, water and soil development, highway planning, port development, fish breeding, sewage disposal, nutrition and handicrafts. Israeli experts have established citrus plantations in Madagascar and Uganda, a steamship line and a 16,000-acre cattle ranch in Ghana, a beekeeping industry in Senegal and massive poultry farms in Zambia and the Congo. In Togo, Dahomey, Upper Volta and Ghana, the Israelis have shown fascinated governments how to operate national lotteries...
REAL ESTATE. Through American-Hawaiian Steamship, Ludwig is developing land in several parts of the U.S. The holdings include Westlake Village in Southern California; Ludwig's partner in that $1 billion venture is the Prudential Insurance Co. Ludwig also owns land in the Bahamas and condominium developments in Australia, and has interests in office and apartment buildings in New York...
...March. Said one insider: "Wagner must have had 40 people reporting to him directly. When he went, we were suddenly missing two full levels of management." With unexpected room at the top, there is now competition for power. The leading aspirant is John Notter, 35, president of American-Hawaiian Steamship. Notter, however, is not a shipping man, as Wagner was, but a real estate expert. "What Ludwig needs," says a banker who knows him well, "is another Wagner -a brilliant shipping executive who can see the broad picture, as well as remember the little details. Ludwig got his start...