Word: milling
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...wind-lashed shore of Lake Maracaibo last week, ground was broken for a new, $3,000,000 flour mill. Most of the Venezuelans who watched would have needed only one guess, if they did not know already, at the name of the man responsible for building the mill (jointly with Minneapolis' Pillsbury Co.). He is Eugenio Mendoza Goiticoa, 52, a ranking example of the new, still small and largely unsung breed of Latin American industrialists who believe not only in good profit, but in productive private industry, well-treated, self-respecting labor, and-even more notable-in philanthropy...
...labor and steel management. During July, steel imports-which were pushing toward new highs even before the strike began-soared to a monthly record of 430,000 tons. The new imports brought the seven-month intake to 2.3 million tons, almost the equivalent of the output of a steel mill the size of Republic's 9,500-man Cleveland plant; foreign steel mills in 1959 had already sold U.S. customers more steel than in any full year in history. Republic Steel's Chairman Charles M. White warned that the walkout may well mean the permanent loss of part...
...that it was Pierre Laval's government which condemned De Gaulle to death in absentia after the fall of France in 1940, because of his refusal to collaborate with the Nazis. But low as it was, the cartoon was only a little lower than the run-of-the-mill abuse that London's Fleet Street was directing last week at De Gaulle and Adenauer...
...them have applied for unemployment aid. But there is not yet any shortage of steel for defense plants, and none looms in the near future. Foreign steelmakers were supplying part of the demand, used the situation to boost their prices-normally $30 to $40 per ton below U.S. mill prices-to the U.S. level or higher...
...refuses to grant a penny in wage hikes unless it can increase efficiency by changing work practices as it sees fit. Otherwise, say the steel companies, any wage hike would be inflationary. Union Boss David McDonald charges that any changes would have the effect of "reducing the employees to mill slaves and the union to an ineffective puppet." He has even more personal reasons for standing firm: rank-and-file union members are deeply aroused over the threat to local working practices, and they might give McDonald real trouble-perhaps through wildcat strikes-if he permitted any weakening...