Word: steel
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Dates: during 1960-1969
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...Sick Child. Bell made a persuasive case for Bokaro-but the plan remains a difficult pill for Capitol Hill to swallow. Of India's three existing government steel mills, one was built by Great Britain, one by the Soviet Union, and one by West Germany. At all three, construction costs far outran estimates. At the Soviet mill, production costs have been higher than in the private plants. And the West German mill was, until recently, so plagued by mechanical difficulties and labor troubles that it was dubbed "the sick child" of Indian industry. It was with this record...
...Bokaro plant is vital to this aim. Bell insisted that Indian government officials and private citizens are almost unanimous in their belief that the Bokaro plant should be government-operated. He had, he said, recently talked to J.R.D. Tata, head of one of India's two private steel mills. Tata told him that private capital was simply not available, either in India or abroad, for investment in the plant...
...Socialist administration. Tory scaremongers even claim that Labor already has a "shopping list" of 104 companies it plans to nationalize. However, after bitter argument the Labor Party has abandoned its longtime commitment to public ownership of the economy's "commanding heights." It plans now only to renationalize steel, which was partially restored to private enterprise by the Tories, and Britain's trucking industry...
...magazine, are accomplished by concentrating a powerful flash of laser light on a tiny area by means of a lens. It is a nice trick in a laboratory, but warheads plunging down from space hardly can be expected to carry lenses to expedite their own destruction. To fuse a steel casing weighing 100 Ibs. would require a laser light strong enough to deliver 807 kilowatts of energy to it for a full minute. If the beam were to hit the warhead 30 miles above the earth, it would be spread out so much that only 0.5% of its energy would...
...Untouchables has been given the St. Valentine's Day treatment after four years. Have Gun, Will Travel and The Rifleman, six and five years old respectively, are headed for the last roundup. Car 54 will soon be roughly three cubic feet of crushed scrap steel. Naked City, the fine semidocumentary on New York police work filmed in the city streets, is finished too. The last vestiges of live, prime-time drama, the U.S. Steel Hour and Armstrong Circle Theater, are also passing away. Moreover, all three college-level educational shows are leaving the networks: Meet the Professor, Continental Classroom...