Word: zuricher
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...Jahn rules the roost as chairman, president and sole stockholder of his Zurich-based Wienerwald Share Corp. Estimates of his fortune start at $70 million. He is completely debt free. "I've always operated with my own means, independent of banks," he says. Jahn travels constantly, spending six days a month in the U.S. For short trips he favors one of his five chauffeur-driven Mercedes-Benz 300s. For longer hops he uses one of his three aircraft. Once aloft, the millionaire ex-headwaiter, often in shirtsleeves and with blue eyes gleaming, serves sandwiches and coffee to his executives...
...South Africa, this year it has sold 95% of its production. But all of it has been auctioned on the "free" markets of London, Paris and Zurich, at prices as high as $42 an ounce. These markets are maintained largely for speculators and industrial users, who have sent the "free" prices up in the expectation that there would ultimately have to be an increase in the "official" $35 price, which is used in exchanges between governments. Indeed, if the U.S. were to raise the official gold price, Washington might well persuade major non-Communist governments to join in a declaration...
Spurred by such pragmatic arguments, the Swiss have begun a giant cleanup campaign. They have already gone a long way toward "saving" Lake Zurich by spending $67 million to build three-stage chemical-and sewage-treatment plants in the lake's watershed. As a result, swimming is again permitted everywhere on the lake and, says Dr. Heinz Ambiihl, chief fresh-water expert of Zurich's Federal Institute of Technology, "If the water is not more blue, it is at least less brown." Current plans call for the installation of such plants in cities throughout Switzerland at a cost...
...Paris last week a beggar on the steps of Sacré-Coeur displayed a hastily scribbled sign: "Dollars are no longer accepted." In Kampala, Uganda, where the dollar used to bring 10 shillings on the black market, safariing Americans were lucky to get five. And in Zurich, hardhearted whores gave only three Swiss francs to the dollar, instead of the official...
...FRITZ HEEB Zurich, Switzerland...