Word: timbers
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Dates: during 1960-1969
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...coast in Humboldt and Del Norte counties. Half the acreage comes from three small state forests that stretch south from near the Oregon border for about 33 miles along the coast. The Federal Government will complete the park by buying up the land in between the state parks from timber companies and private individuals for $92 million. Sequestered within the park will be 32,500 acres of virgin redwoods, including the world's tallest (367 feet) tree as well as the second, third and sixth highest...
Anxious to populate and develop Siberia and determined to fend off Red Chinese incursions, Russia is turning to Japan for capital and technical assistance. Dazzled by all the timber, iron ore, copper, manganese, oil and diamonds so close across the Sea of Japan, the Japanese now refer happily to Siberia as "virgin soil...
Trickle in a Thaw. The first Russo-Japanese venture in Siberia is already under way. This summer Communists and capitalists after much dickering over terms signed an agreement under which Japanese banks will grant a $133 million, five-year loan at 5.8% to enable the Russians to develop Siberian timber cutting. In addition, a consortium of 13 Japanese companies, including such big trading firms as Mitsui and Mitsubishi, will be allowed to sell $30 million worth of consumer goods to Russian settlers in Siberia. As repayment of the loan and to cover its interest, the Russians over a five-year...
...least 5 billion tons of iron ore, 20 billion cubic meters of natural gas, limitless hydroelectric power, and eminently marketable amounts of pelts from sable, lynx and big Siberian bears. "We have a destiny in Siberia," says Yoshinari Kawai, 82, a canny Japanese bulldozer manufacturer who led the timber negotiations and now heads the Japanese consortium. "Happily, that destiny will be equally profitable to us Japanese and the Russian people...
...sales of $79 million, and the Colson Corp. ($12 million), a maker of food carts and other equipment. They also own a myriad of smaller companies in the U.S., Canada, Britain and Australia involved in mining and agricultural equipment, cement and fertilizer. Then there are 400,000 acres of timber and farmland in the South and Northwest, plus housing developments and shopping centers in Chicago, Las Vegas and Puerto Rico...