Most Britons thought that the Labor Government would make haste slowly when it nationalized the steel industry last February. They reasoned that the government would string along with the management that had made steel one of the most efficient industries in Great Britain. But Conservative War Horse Winston Churchill shied nervously when he caught sight of 66-year-old Steven Hardie, the hard-boiled Socialist millionaire who took over as chairman of the government-owned Iron and Steel Corp., custodian for 217 nationalized steel companies. Growled Churchill to the House of Commons: "His arrogant behavior...
STEEL: Lost Identity in Britain
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