Word: ironically
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Dates: during 1950-1950
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Steel is the pet industry in the U.S.S.R. as it is in any other major power. Soviet steel labor is elite labor, with an efficiency twice that of other Soviet workers. A severe drag on Russian steel production is the fact that 95% of Russia's working iron deposits lie west of the Ural's industrial complex, and 85% of its coking-coal reserves lie east of it. Bringing coal and iron together to make steel puts a heavy strain on Russia's inadequate transport system and slows down the growth of the steel industry...
...Stalinsk, in the coal-rich Kuzbas, the Russians have built a sizable new steel mill. Farther east there are only two known mills; one, with 200,000 tons' capacity, is at Komsomolsk (north of Vladivostok), supplying naval construction and ordnance for the Far East. Since Siberia lacks iron ore, this plant must get its iron from western Russia. The other is a tiny mill somewhere in the Transbaikal...
Transport is the overall limiting factor in the economic growth of the U.S.S.R. Russia's resources, especially iron ore and coal, are wide apart (see above). Russia has five main industrial regions: north western European Russia (Moscow, Leningrad, Gorky); the Ukraine (Kiev, Krivoi Rog, Dneprostroi) ; the newer industrial complex just behind the Urals (Sverdlovsk, Magnitogorsk, etc.); the Kuznetsk Basin (Novosibirsk, Stalinsk, etc.); and the scattered mills, mines, army bases and slave-labor camps near the Pacific. Despite a widespread belief in the West that Russia's industrial trend is toward "safety behind the Urals," there is evidence that...
...learned the Street's ways so well that he parlayed his pocket change into $15 million. With his younger brothers Herbert and Harold, he built the potent investment banking firm of Allen & Co. (TIME, Aug. 2,1948). They bought up and reorganized the Rockefellers' famed Colorado Fuel & Iron Corp., Germany's war-forfeited American Bosch Corp., captured many another plum with their sharp-eyed knack for spotting "special situations...
State Secret. Chills and chuckles in a British chase-melodrama, set behind the Iron Curtain; with Douglas Fairbanks Jr. (TIME...