Word: steels
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Dates: during 1970-1979
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...WORST PART, BY FAR, of the Harvard admissions process is the interview: the deal goes down, kid, and it's time to sell yourself to some state supreme court justice or investment banker or used car magnate. Throw out those board scores, yardage totals, thespian notices--square those shoulders, steel those eyes, or lay your body down...
...always done everything I wanted." Her father Glen was a lawyer and businessman in Kokomo, Ind.; her mother Bernice, an amateur musician. The most illustrious member of the family was Bernice's father, Elwood Haynes, who designed one of the first successful automobiles and discovered stainless steel...
Cries for Mama. The men gave Ray a flashlight, then sealed off the entry hole with two steel plates. The air quickly grew fetid and hot, and suffocation became a real possibility. "There was a lot of crying and calling for Mama," Ray recalled afterward. Desperate, Ray and the seven boys piled up mattresses and, with great effort, pushed away the steel plates. Sixteen hours after first entering the pit, they squeezed out. Two hundred yards away they found the watchman, who alerted the police...
Last year an appeals court found that Reserve's discharges constituted a threat to the health of nearby communities; it held that the plant could be ordered closed if the state and the company did not agree on an acceptable alternative. Reserve, which is jointly owned by Republic Steel and Armco Steel, said that it could develop a dumping site at a location three miles from Silver Bay. But the state's Pollution Control Agency argued that this site, which involved the construction of a dam, also posed risks to Silver Bay. It rejected the site and recommended...
Some notable laggards are makers of petrochemicals and oil refiners. Kaiser Industries Corp. Vice President Louis Oppenheim says there is "some reluctance" in the steel industry to expand capacity substantially. The key reason, he asserts, is that rising costs of labor, energy and raw materials, plus the industry's inability to raise prices fast enough, result in "a return on investment that is too low." Another factor in the reluctance of businessmen to spend more is the still high cost of long-term borrowing. Says Litton Industries Financial Affairs Vice President Joseph T. Casey: "In our spending outlook...