Word: steels
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Dates: during 1970-1979
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...wall will be the latest in fence technology: a 6-in. concrete base surmounted by 4 ft. of galvanized steel grating and 6 ft. of tightly woven chain links. Said George Norris, Houston manager for Anchor Post Products, Inc., which will build the fence for $2,015,000: "It's the heaviest construction I've ever seen on a fence." Because the grating is razor sharp, Norris added, anyone climbing the fence barefoot would "leave his toe permanently embedded...
...pseudonymous "Philippe de Cormmines," whose cleverly futuristic The 180 Days of Mitterrand last year foreshadowed the rupture in the Socialist-Communist alliance. In Commines's new work, Giscard refuses to give in; at 6 a.m. three SAM II missiles transform the Eiffel Tower into a hulk of twisted steel. Responsibility is claimed by a terrorist group that calls itself Society Against the State. To restore his government's credibility, the President tries a dramatic gesture: he appoints Michel Rocard, a charismatic economist who is currently challenging Francois Mitterrand for leadership of the Socialist Party, as Premier. Rocard, however...
...company had known for some time that these tires are a severe problem, with manydefective failures," Thunder Joan Claybrook, chief of the National Highway Traffic Safety Administration. Last week, after months of angry negotiations, NHTSA pressed an agreement out of Firestone to recall its old 500 model steel-belted radials, which had experienced an unusual number of tread separations and blowouts...
...just good politics, it's good business. Or so thought 22 entrepreneurs in Charleston, Ill., scene of the fourth Lincoln-Douglas debate. In 1969 the businessmen enthusiastically erected what they claim is the world's largest statue of Lincoln-62 ft. of fiber glass and steel that cost $40,000-on a site three miles out of town near land they hoped would become a national park...
CORPORATIONS. To them, selling the dollar is mere prudence. A Japanese company may book an order to deliver $1 million worth of steel to the U.S., with payment due in 30 days. Rather than wait to receive the dollars, which by then might be worth fewer yen, the company quite probably will immediately sell $1 million for as many yen as it can get, with the dol lars to be delivered in 30 days. U.S.-based multinationals do essentially the same thing. Hercules Inc., a major chemical company, in 1971 negotiated a five-year loan in Swiss francs, on terms...