Word: steel
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Dates: during 1980-1989
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...security lapse? And how could such a thing happen in a fortress like Maze, which has every security device available, including multiple 15-ft. fences and an 18-ft. concrete wall topped with barbed wire around each cell block? All gates around the 144-acre complex are solid steel and electrically operated. The prison is even built on solid concrete to foil tunnel builders. If last week's angry mood holds, the investigation could claim some high-ranking victims. -By Louisa Wright
Only a decade ago such big deals would never have been seriously considered for fear that Government antitrust officials would stop them dead. But the merger plans announced last week by two pairs of leaders in the railroad and steel industries have a good chance of winning Washington's approval. With Smokestack America in a period of decline and retrenchment, the Reagan Administration tends to look favorably on consolidations that could make weak companies stronger. In addition, stiff competition from abroad has made the antitrust laws increasingly irrelevant for many important industries...
...directed the U.S. commander to take "no steps looking toward the economic rehabilitation of Germany"). The new directive said: "An orderly, prosperous Europe requires the economic contributions of a stable and productive Germany." The U.S. suggested that the permissible level of industry in Western Germany be raised by boosting steel production from 5.8 to 12 million tons a year...
Five months ago began the onslaught of insurgent Labor upon Motors and Steel. Corporation by corporation John L. Lewis' organizing drive captured positions in these two great open-shop industries. By last week it had gained about two-thirds of Motors, better than half of Steel. Last week the United Automobile Workers were storming at the gates of Motors' inner citadel, Ford Motor Co. The Steel Workers Organizing Committee, having captured biggest U. S. Steel and most of the small fry, was pounding at three big steel independents: Republic, Youngstown, Inland. On both fronts there was blood...
Battleships, cruisers, destroyers stood off the coast, wrapped themselves in smoke screens and hurled steel from 640 guns. Never before had a target been subjected to such overwhelming bombardment from...