Word: bottlenecks
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Dates: during 1940-1949
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could not hope to paralyze German transport except at the Ruhr bottleneck, but the broad new Autobahnen (speed highways) helped guide night pilots to Augsburg (northwest of Munich), which in the 15th and 16th Centuries was one of Europe's great trade centres and now has, besides the ancient palaces of its merchant princes, the Messerschmitt aircraft plant...
...publicity device, the Bottlenecks investigation got off to a bad start. Talking carelessly to reporters, Arnold produced huge headlines, vague stories about defense-hindering control of U. S. patent users by the German firm of Krupp. He had designs on a number of industries in which foreign patent tie-ups were said to be restricting U. S. production, among them magnesium, whose chief producer, Dow Chemical Co., has built an independent U. S. magnesium industry (using sea water as ore) from its own smart research. Arnold also got off a phrase about "economic fifth columnists" which he later tried...
When National Defense talk began in Washington, the first industry to be branded a "bottleneck" was machine tools. In a normal year, most U. S. industrial production-notably the $2-3,000,000,000 a year of automobiles-could not be turned out without $100-150,000,000 worth of machine tools. Key to mass production, the machine-tool industry consists of some 800 small family-owned units wherein mass production plays little or no role. Few machine-tool companies are big enough to have a listed stock...
Head man in W. & S. today is round-faced Charles J. Stilwell, 54, who joined the company in 1910, became European sales chief, has been an executive since the founders died. When machine-tool makers were called a "bottleneck," urbane Charley Stilwell went to Washington as their spokesman.* Said he: "Don't call us names until you've tested us. Give us orders. We will fill them...
...Scovill Manufacturing Co., facing a copper & brass fabricating (for ordnance) boom, had planned to help widen this possible bottleneck by selling $8,374,000 of new debentures and $15,000,000 of new capital stock, refund $7,850,000 of 5½% debentures at the same time...