Word: hamburger
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Dates: during 1950-1959
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...nearly 30 shipping companies* under five different flags, Onassis already has headquarters in Montevideo, branch offices in Paris, London, New York, Hamburg and Panama. But since much of his tanker business is bringing oil from the Middle East through the Mediterranean to Northern Europe, he thought he should have offices near the Mediterranean ports of Marseille and Genoa, where many of his ships are repaired. To Onassis, some empty buildings he had seen on a visit to Monaco looked ideal. A year ago, he approached Monaco's Societe des Bains de Mer et Cercle des Strangers (Sea Bathing Society...
Onetime Reichsbank President Hjalmar Schacht, Hitler's wily old financial wizard, got a foothold in Germany again. Turned down by the Hamburg Senate when he applied for permission to found a banking firm there (TIME, Aug. 4). Schacht managed to get a license to operate in the province of Schleswig-Holstein, appeared confident that sooner or later he would win his Hamburg permit...
...real shocker. The Technical Service had prepared long lists of West German "unreliables" to be "put on ice" on Invasion Day. Only a handful were Communists; the rest were Socialists, including such prominent anti-Reds as West Germany's No. 1 Socialist Erich Ollenhauer, the mayors of Hamburg and Bremen, and the Minister President of Lower Saxony...
...once-firm resolution. The remnants are 130 convicted Nazi war criminals. They are the surviving handful of men the British once vowed to punish. That British passion is now spent; in its place is a German passion to set the criminals free. Last week Henri Nannen, editor of a Hamburg picture weekly, Der Stern, shockingly dramatized the issue...
Kiddies' Rocket. In Hamburg, Germany, Exporter Günther Lukas was planning to supply the U.S. Christmas market with an up-to-date but frightening toy: a footlong, six-ounce rocket, similar to the German wartime V2, that zooms off a three-foot-long launching rack at almost 90 m.p.h., shoots up 300 feet. At the top of its climb, a small parachute breaks out from the nose and lets down the rocket slowly. It can then be refilled with a charge similar to those in firework skyrockets and used again. Price in Germany, about...