Word: germane
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Dates: during 1960-1969
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Trouble & Opportunity. Other West German businessmen saw Neckermann almost immediately as a threat to their profits. In 1951 the Association of Textile Wholesalers and Retailers pressured small firms to prevent them from subcontracting to make goods for Neckermann. He sued for damages, and in postwar Germany's liberal economic climate won his case and forced the association to rescind its edict. Moving out of his barracks into an eleven-story Frankfurt building, Neckermann fattened his catalogue, added furniture, came out with a "Neckermann Radio-Super" that had the same features as competitors' models but sold...
...German radio industry refused to provide tubes for Neckermann's sets, and he found a French firm that would. The refrigeration industry refused to manufacture his refrigerators, and he got a Luxembourg firm to do it. While many German firms threw their energies into exports, Neckermann concentrated on the home market. Belatedly aware that they were losing a lot of business by boycotting Neckermann, many German firms came around. Most of Neckermann's appliances are now German-made, though he still must take the bulk of a firm's production to protect it from boycott by others...
...ship has neither a bow nor a stern, it is certainly not a ship. But it is a nifty little method of getting the benefits of U.S.-built ships without the high cost. On order last week from the Hamburg yards of German Shipbuilder Willy Schlieker (TIME, Oct. 26) were the midsections of six vessels for Mobile's McLean Industries, Inc. With a booming business carrying highway trailer vans by sea, McLean decided to add six new vessels, each with a capacity of 476 vans, to his fleet of trailer ships. The problem was that if the vessels were...
...middle. Schlieker will build only the midsections, which can then be towed across the Atlantic and enter the U.S. as "fabricated steel.'' McLean turns them into ships by simply buying old T-2 war-surplus tankers, hiring U.S. yards to graft the bows and sterns onto his German midsections, thus qualifying as "built in America." Total cost: less than $5,000,000 a vessel, a saving of 50% to 65%. So simple is the idea that other U.S. firms (e.g., American Ship Building) have ordered the midsections for several big ore carriers from Schlieker...
Rosemary (German) is the film version of the 1957 news story that set nearly every homburg from Hamburg to Mannheim atrembling. One of the most sought-after prostitutes in West Germany, Rosemary was mysteriously strangled with one of her own stockings, and the case implicated some VIPs...