Word: steels
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Dates: during 1950-1959
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When Peking proclaimed its Great Leap Forward (TIME cover, Dec. 1, 1958), Sinkiang, normally a pastoral land, was marked out for a big coal and steel center at Kuldja. While grain rotted in the fields and neglected herds died, farmers were dragooned into factories, construction sites and 451 communes...
Just before the final curtain at a Broadway opening one night last week, the theater critic of the New York Times, a mild, slender, unassuming man with steel-rimmed spectacles and a grey mustache, slipped inconspicuously out of the Lyceum Theater and walked two blocks back to his paper. He settled into his chair on the third floor of the Times building on 43rd Street, and following the practice of years, spread out the theater program, a dozen freshly pointed pencils and a legal-size pad of lined paper. Then, writing by hand, one paragraph at a time-each snatched...
...Pirelli tire and rubber company claims the same. Led by Germany and France, the industrial nations of continental Europe have boosted their gross national product 100% (to $212 billion) in ten years, turn out 250 million tons of coal (17% of the world total), some 65 million tons of steel (20% of the total), 1,500,000 tons of copper, zinc and lead (16% of world total). Across the English Channel, Britain's economy this year alone grew some 8% to $68.8 billion...
...cause the housing industry to slip slightly to a rate of 1,200,000 homes. But Detroit's automakers have visions of a 7,000,000-car year in 1960, with 18%-20% of the market in the compacts. Steelmen forecast a total of 125 million tons of steel next year, up nearly 35 million tons. Borg-Warner's Norge Division President Judson Sayre expects big increases in the appliance industry-8% for clothes dryers, 10% for refrigerators. Moreover, plant and equipment expenditures will rise from $34 billion in 1959 to a rate of $40 billion...
...Steel Hour...