Word: baruch
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...Czar William Jeffers could build without using materials needed by the Army & Navy-was ancient history. The decision was already on the books: Economic Czar James F. Byrnes, as referee, had decided to let Jeffers build plants for 452,000 tons, 43.6% of the amount called for by the Baruch report...
Fact 2. The Army's gasoline program has been expanded and re-expanded as aircraft production increased. The Navy's escort vessel schedules, off to a slow start and interrupted by shifts in strategy, have been stepped up to cope with the U-boat. The Baruch rubber report, with its recommendation for 1,037,000 tons of capacity, was drawn up before anybody knew how many component parts would be needed elsewhere...
When Bernard Baruch and his committee-Presidents Conant of Harvard, Compton of M.I.T.-estimated last summer that the country must have 1,037,000 long tons of synthetic rubber a year to get by,* that sounded to the public like the final word. But last week the U.S. learned that it was going to have to get by with a lot less - and like it. From Economic Stabilizer Jimmy Byrnes came an order to blunt Bill Jeffers: as Rubber Director he could have top priorities on only enough key equipment to procure 425,000 tons of synthetic this year. That...
...Baruch report, the Administration now believed, had set its sights too high. The vital materials for a program of 1,037,000 tons could come only from still more desperately urgent war needs-building of naval escort vessels, manufacture of high-octane aviation gasoline. Bill Jeffers had tried to bull his way through Army and Navy objections, regardless. But now he had a new set of instructions...
...people cheered last September when Elder Statesman Bernard M. Baruch's Special Rubber Inquiry Committee came up with proposals which sounded as if they would solve the rubber problem to the eventual satisfaction of the civilian and military alike. They sang hosannas when Union Pacific's tough William M. Jeffers was put in charge of translating that program into action. Bill Jeffers made the Baruch report his bible, dared one and all to cross his path. But last week it looked as if the Government had made up its mind that in demanding all the synthetic rubber...