Word: sseldorf
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Dates: during 1950-1959
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...West German papers of widely varying political persuasions. "Scandalous," cried the non-partisan Protestant weekly Christ und Welt. "Our newspaper publishers who sit on the D.P.-A. board should realize that they are doing exactly what Ulbricht and his henchmen are doing in the East Zone." Said Düsseldorf's Jewish Allgemeine Wochenzeitung last week: "We wonder how young German democracy will react to this attack against basic principles." Said Das Freie Wort, official organ of the generally conservative Free Democratic Party: "We are alarmed at this attempt to subjugate an independent news agency to party interests...
Over Düsseldorf last week, a dark, beetle-browed young man leaned from the window of a low-flying Cessna and shoveled out handbills by the thousand. "Everything moves. Nothing stands still," they proclaimed. "Stop building cathedrals and pyramids which crumble like lumps of sugar! Stop resisting changeability! Be free! Live!" In the streets below, one man picked up a copy, read it, then shook his fist at the plane. Artist Jean Tinguely, 33, was delighted. "Some will say, 'very good.' Others will object. The overall result will be just what I wanted: total confusion...
Total confusion was what Düsseldorf found in Tinguely's show of 17 "Meta-Mechanisms" in the Galerie Schmela. The Meta-Mechanisms were constructions of stovepipe-black sheet metal from which sharp, whitewashed metal fragments on wire stems sprouted like weird abstract flowers. Driven by hidden electric motors, they jiggled, skittered and bounced. Some spun like mad pinwheels, others rotated gravely like segments of an ear trying vainly to reassemble itself. Most were accompanied by sound effects as hidden camshafts thumped cowbells or old teakettles. The opening was notable for three eulogies read simultaneously by three admirers...
Berlin does not pay its own way (its exports were 82% of its imports in 1957) is that half the capital's income formerly came through banking, insurance and commercial headquarters now shifted to Frankfurt, Düsseldorf and Hamburg. Booming Berlin still needs a $360 million-a-year assist from "out there...
...West Germany's eight independent stock exchanges, led by Düsseldorf, the bullishness neared 1955 levels. A year ago the index of share prices on the exchanges was 192. It hit 227 in June, has since soared to 277, rose five points in the first week of October. Chief reason: a shortage of stock because many companies have been using profits to expand rather than raise capital by new stock issues. The rise has brought in more foreign buyers, stirred Germany's first crop of small investors through new mutual funds whose business is booming...