Latest victim of the jet squeeze: The Netherlands’ KLM, one of Europe’s few privately managed airlines, showed a loss of $21 million, the biggest in its 42-year history.

In Europe as in the U.S., the jet age is a convenience to passengers and a financial headache to the airlines. Between the high costs of the switchover to jets and the bitter competition for passengers to fill the bigger jets. West Germany’s Lufthansa last year lost about $25 million,…

Van Doorne, from car manufacturer DAF has had a hard time finding enough workers in the labor-short Netherlands, he recently took on 1,200 Belgians at DAF’s Eindhoven plant.

∙Britain’s Billy Butlin, 63, has built a hefty fortune giving vacationers more for their money: this year a million Britons will pay $42 each for a week of solid comfort and corny entertainment at one of eight Butlin’s Holiday Villages. Now the ebullient Billy has decided to give Butlin Ltd.’s…

Last week Philips presented its latest progress report on Philips’ amazing comeback. A short account on the history and current status of the electronics company from Eindhoven.

When Nazi Panzer divisions overran The Netherlands in World War II, one of the places they headed for first was the great Philips company electric works at Eindhoven. But hours before their arrival, 25 top Philips scientists and executives slipped away via British destroyers, carrying with them vital secrets that…

U.S. investors went to Europe. The analysts liked Holland and Germany best, particularly their electronic and chemical industries and because of little government interference.

Trooping through The Netherlands last week went 78 American tourists whom most European businessmen were particularly anxious to impress. The tourists were all members of the New York Society of Security Analysts on a field trip to see whether European securities are a good buy. Conclusion after touring 37…

Two new major labels have been added to the U.S. market, one of them is Epic, controlled by Philips, releasing performences by such orchestras as Amsterdam’s Concertgebouw.

To the rich and growing roster of recording labels in the U.S., two new and distinctly major labels have been added. Their names are Angel and Epic, both feature luxurious recorded sound, and U.S. record buyers are due to hear a good deal more of them.

The Angel label reflects…

At the 43rd annual Motor Boat Show opened in Manhattan’s Grand Central Palace, Dutch FEADSHIPs sailboats and cruisers are sold at prices well under those of U.S. yards.

J. P. Morgan was once asked by a friend: “How much does it cost to run a yacht?” Boomed the great J.P.: “Sir, if you have to know how much it costs, you shouldn’t own one.” Last week, as the 43rd annual Motor Boat Show opened in Manhattan’s Grand Central…

Two of The Netherlands’ top plant pathologists arrived in Washington, D.C. last week on an important commercial mission, because U.S. wanted to cut tulip bulb shipments.

Two of The Netherlands’ top plant pathologists arrived in Washington, D.C. last week on an important commercial mission. They were there to talk the Department of Agriculture out of limiting imports of Netherlands bulbs (1946 imports: $8,000,000). The department wanted to cut bulb shipments to “amounts needed for propagation…

Into New York harbor last week steamed the refurbished 36,667-ton Nieuw Amsterdam, flagship of the Holland-America Line and faithful troopship through World War II.

Into New York harbor last week steamed the refurbished 36,667-ton Nieuw Amsterdam, flagship of the Holland-America Line and faithful troopship through World War II. The Nieuw Amsterdam was the 30th big liner to go into transatlantic passenger service since the war. The liners include eight U.S. Maritime Commission ships…

Holland’s K.L.M. Lines, restored to prewar strength, is already giving U.S. lines plenty of competition.

On the world’s airways, one fact was plain: the Air Age needed a lot of supercharging from state subsidies to maintain flying speed. Because of subsidies, free-enterprising American-flag lines, once way ahead, could now see a handful of foreign lines, state-supported in varying degrees, creeping up on their tails. On…

Because of the war, not the Dutch, who had a virtual monopoly before the war, nor the British, but a U.S. based company received a tugboat job from the Netherlands government.

Most everyone knows one fact about tugboats: a good tugboat man can hurl a torrid phrase across the water hard enough to make it bounce. But few know another important fact: that the Dutch had a virtual monopoly before the war on deep-sea towing.

Last week, Edmond Joseph Moran, a…

The news of Philips N.V. spending $20 million on the postwar expansion of its three war-working U.S. plants has set U.S. electronics industry on edge.

Quietly last week, the North American Philips Co., Inc. announced that it will spend $20 million on the postwar expansion of its three war-working U.S. plants (at Dobbs Ferry, Mt. Vernon, N.Y., and Lewiston, Me.). This was not a dazzling amount of money. Yet the news set the whole $3½-…

Dutch oilfield engineers and technicians went ashore close behind the attacking Australians carrying equipment shipped under Lend-Lease from the U.S.

At Borneo’s Tarakan Island last week Dutch oilfield engineers and technicians went ashore close behind the attacking Australians. With them they carried oilfield tools and equipment shipped under Lend-Lease from the U.S.

It was not by chance that the trained oilmen and their equipment were on hand for the Tarakan…

Congressman Richard J. Welch (R., Calif.) wanted to know why scarce steel was being used to build 30 merchant ships in U.S. yards for the Dutch Government.

Congressman Richard J. Welch (R., Calif.) wanted to know why scarce steel was being used to build 30 merchant ships in U.S. yards for the Dutch Government. To this logical question he got a logical answer. Said the Maritime Commission’s Vice Admiral Emery S. Land: when the ships are completed…

Toothpaste manufacturer Pepsodent was bought by Lever Brothers Co. of Mass., a subsidiary of the Netherlands Lever Brothers & Unilever, N.V.

Three months ago handsome Charles Luckman, 35, vowed he would sell The Pepsodent Co. of Chicago to no one (TIME, April 10). Last week, amid considerable commercial mystery, President Luckman sold the company for “upwards of $10 million.” The buyer was Lever Brothers Co. of Mass., subsidiary of the Netherlands…

Henry J. Kaiser shipbuiliding co. fixed the first postwar contract with the Dutch: 30 diesel cargo ships designed for the Netherlands East Indies coastwise trade.

Irrepressible, indefatigable Henry J. Kaiser is fixing to cop the first postwar contract in the shipbuilding industry. The contract: 30 diesel cargo ships designed for the Netherlands East Indies coastwise trade. The production schedule: building to begin “long before” year’s end. Henry and the Dutch, equally shrewd, figured the ships…