Word: steels
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Dates: during 1950-1959
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...offering him a job at a five-figure starting salary. A Kuhn, Loeb partner, passing through Hoover's headquarters in Paris, had spotted Strauss as a truly promising young man. He was right. Sometime Shoe Salesman Strauss prospered spectacularly on Wall Street, pushed Kuhn, Loeb into highly profitable steel-company financing (Inland, Republic, Great Lakes), became a full partner at 32, piled up a fortune...
Wisely spent, the $2 billion pumped into Spain during the past eight years might have gone far toward putting the country on its feet. But bureaucrats went on an ill-conceived spending spree, some of whose principal results are a steel mill whose products cost half again as much as German imports, an auto plant in Barcelona that builds ersatz Fiats for more than twice the cost of the real thing, thousands of luxury apartments still unrented, a $300 million annual trade deficit, an inflation that nearly doubled the amount of currency in circulation in five years (from 37 billion...
...furnace roaring for days and finally set the roof on fire. Now when a fire breaks out in a sculptor's studio, it is more likely to be caused by an unwatched oxyacetylene torch. The material may still be bronze, but there is an added glitter of stainless steel, phosphor or chrome. The great difference is that Cellini produced in bronze a famous Perseus; today's sculptors too often end up with a glittering space divider or macabre wall hanging. Startling and even elegant as such modern objects can be (see color pages), they tend more to snag...
...working and the others who start with an image, then shape materials to embody their vision. The richly decorative materials-first approach is handsomely demonstrated in one whole red-walled gallery at the museum's show. There Italian-born Harry Bertoia's Wall Piece ($750) melds steel, bronze and phosphor into an elegant decoration. Bertoia makes no claim for it beyond stating he considers it "a few squares arranged in a quiet way around a stand." His Flower ($900) proves he can do a welded screen in the round. It also happens to be more personal...
...latter proposal, of course, is finding increasing favor across the nation, and a frightened cluster of special interest groups is buying thousands of column inches in magazines and newspapers in order to fight it. Under the headline, "Government Always Shrinks a Dollar," Republic Steel periodically tells readers that "whenever the government finances something for you, you pay for it--through taxes--with your own dollar that has inevitably been shrunk...