Word: tunnelling
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Dates: during 1960-1969
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...world's nickel. Under Guy, the Rothschilds have also built France's biggest private uranium mining company, which supplies some of the raw material for De Gaulle's force de frappe. And it was de Rothschild Freres that drafted the plan for financing the Channel tunnel that will connect France with Britain...
Allying with fun-loving Cousin Edmond, the banking Rothschilds have also got into the tourist boom. They hold the largest single share in a new company that is erecting ski resorts in the Alps, building bungalow villages in Majorca, investigating sites for motels near the new Mont Blanc tunnel. From the U.S.'s Restaurant Associates, Cousin Elie recently bought an interest in France's largest casino, at Divonne-les-Bains. Cousin Edmond himself has poured $5,000,000 into France's plushest Alpine resort at Megève, has large shares in a European travel club...
...naming and renaming was a natural reaction; witness a list of Garfield High Schools and McKinley Junior Highs as long as the Lincoln Tunnel. But in the rush to memorialize Ken nedy, many worthy governments and citizens' groups seemed eager to wipe out one historical name with another. In Beirut, Lebanon, Georges Clemenceau Street became John F. Kennedy Street; in Montigny-les-Metz, 175 miles east of Paris, the Rue Jeanne d'Arc was rechristened Rue J. F. Kennedy. A New Hampshire state legislator proposed changing the name of 5,535-ft. Mount Clay (after Henry) to Mount...
...Mikawa mine on southern Kyushu island, a cotter pin apparently fell out of a coupling on a string of coal cars halted on a slight incline. One coal car rolled back down into the mine. Gathering speed, it flew off the track on a curve in the tunnel and struck the mine wall, showering the fatal sparks that ignited coal dust in a vast explosion. At Tsurumi, outside Yokohama, another cotter pin evidently sheared off the wheel housing of a southbound freight car. The loose lost wheel caused the last three cars to derail and sprawl across the adjacent track...
...right of way has also been cleared for piggybacking by the emergence of companies that now buy and lease piggy back cars and trailers, leaving railroads free to spend capital on track and tunnel improvement and such new yards as Proviso Piggyback. The most energetic of the leasing companies is Philadelphia-based Trailer Train Co., whose stock is owned by 35 railroads and by the U.S. Freight Co., the nation's largest freight forwarder. The company started with 530 piggyback cars in 1956, now has 16,000 moving around the U.S. - and is ordering hundreds of new ones each...