Industrial Renaissance In Italy
For a country that for centuries produced primarily agricultural
products and handicrafts, the new industrial Renaissance in Italy is
little short of a miracle. Italy's new government is dedicating itself
to expansion of an economy that has already undergone phenomenal
changes and is scheduled for even greater progress.
The accomplishments of the <
Italian economy have aroused so
much interest that-a group of
leading American business and
finance writers will visit Italy
shortly to view for themselves
the industrial Renaissance of
this energetic and hard-working
nation.
At the end of the war, eco
nomic problems in this ancient
land seemed insuperable. Mar
shall Plan aid to the extent of
$2.5 billion was an immeasurable
help toward reconstruction. It
appears, however, that the same
inventive power, vigor and enter
prise that epitomized the cultural
and scientific achievements of the
Renaissance period were revital
ized in Italians in the postwar
era.
The Italian economy is a dra
matic success story. Since 1953
alone, industrial production has
increased more than 40%. In
addition, a twelve-year program
for the industrialization of
Southern Italy is now half way
completed.
Asa result,foreign investments
in Italy have mounted at an ac
celerating pace. Since 1956, more
than $250 million have been in
vested productively in a variety
©f industries — much of it from
American corporations.
This is by no means the com
pete picture. The capacity of the
country’s stsel industry has* ex
panded almost four times since
prior to the war. The automobile
industry exports 42% of total
output, and Italian shipyards
rank third now in annual volume
of construction in the entire
world.
The modern Italy is empha
sizing the search for accessible,
cheap sources of fuel and power
because an aware government
realizes that continuing economic
growth is dependent upon power
supplies. There has been spectac
ular expansion not only in steel
and automotives but in chemi**
cals, natural gas, precision
machinery, office equipment,
electronics, and other growth in* *
dustriest
For a Big Fourth
The Plan
The accompanying diagram
shows the Small Boat Harbor park:
ing lot converted into the Fourth
of July playground. On the left
may be seen .the concession plats,
arranged to allow a continuous
through flow of pedestrian traffic
and to provide maximum of
“carnival” atmosphere.
The JAYCEE central booth
labelled on the diagram will be
the headquarters for operation of
the whole festivities, largely the
financial headquarters. Script may
be purchased and redeemed at
this booth. All the concessions will
be operated on script to simplify
bookkeeping for th£ individual
concessionaires, and many of the
races will have script prizes which
may be redeemed or spent in con
cessions as desired. On the Fourth
of July, the Bean Bottle will be
located in this booth (prior to
that time it will be at the Kodiak
Insurance Office as advertised).
The “covered stand” will be a
small platform for running the
races. It will have the PA system
for announcing all events of the
day. This will be the central oper
ating area. The roped off area
(25’ ,x i50’) will keep the crowd
out of the children’s races and
will give the kids room to partici
pate.
On the harbor side of the roped
off area will be erected bleachers
on the beds of trucks parked side
to side, for the observation of the
races. Opposite the covered stand
and fronting on Marine Way (not
shown) will be the reviewing
Bowlers Compete
Bowling resumed at the Elks
Bowling Lanes with a group enter
ed in a mixed doubles summer
league. Play to date resulted in
the following standings:
W L
McIntyre & Panchot ... 3 1
Nosich & Wheeler. 3 1
Frey, Hausman & Reed 3 1
Dickow & Hall. 3 1
Ward & Lopez. 2 2
Miller & Schumacher .. 2 2
Root & Ballard ... 2 2
Spencer & Winslow ... 2 2.
Johnson & Ramaglia ... 1 3
Richardson & Merrill .. 1 3
Dinwiddie & Duros- 1 3
Btnum & Dawson ..... 1 3
KODIAK CLASSIC LEAGUE
TRIO SCRATCH
• W L
Terrible Three. 5 0
The Sockeyes___ 5 0
The Humpies . 5 0
The Ramrods . 0 5
Dark Horse .. 0 5
D.B. & J. Inc. 0 5
Hi Team Series: Terrible Three
2227; Hi Team Game: The Sockeyes
610; Hi Ind. Series: Tex Rickard
802; Hi Ind. Game: Jim Duros
233.
Announcement
APPOINTMENTS MAY BE MADE MONDAY, JUNE 8
Dr. T. E. Colford, Dentist
NOW ASSUMING PRACTICE OF DR. GENE SULLIVAN
P.O. Box 631 Ph. 3373
SAILINGS FROM SEATTLE
MS GALENA
June 24
Calling at
Womens Bay, Kodiak
Seldovia, Homer
E
|
| Loo Veerman >
[
Agent
Thone 4521
A
stand, which will receive the „
parade, and double as a place for
pie-eating contest and other events
later in the day. The parade will
be passing the stand from right
to left.
The whole area will be roped
off to parking, including . the
street area outside the fence (to
the right in diagram), the latter
to provide double parallel park
ing for the floats after they wind
up the parade. Parking for the
public will be in the downtown
school yard.
The JAYCEES note that con
cessions are going to be good this
year, if things continue as well in
the next few weeks as they have
started. Already 9 concessions
plats have been let, leaving 11 to
go. Sits let include Nos. 1,2.3,4,5,
19,20, and two not selected. Con
cessionaires are again encouraged
to contact Bob Leonard, Chuck
Powell or Roger Reed at the num
bers listed in last week’s Mirror.
Beginning Today
\ t - •'
Excursion to
Cape Chiniak
Sea Lion Rookeries
t ' . - . 4 ^ /k,* ' ■*, v
For Further Information Call
’j • • . . *■
Aif Madsen
Ph. 3272