Word: cheaper
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Dates: during 1950-1959
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SALES of non-corrosive plastic pipe have boomed so fast (3,000% since 1948) that Republic Steel last week bought pipemaker Owings-Sharpe, Inc. of Magnolia, Ark. Already widely used by mining, chemical and oil companies to carry corrosive fluids, plastic pipe is generally easier to install and cheaper to maintain than corresponding metal pipe. Sales, which reached $15 million last year, are expected to hit $250 million...
Chemistry can do much better, says Chemist Rosin. He cites a long list of products that it has already taken away from plants: dyes, perfume ingredients, drugs, rubber and fibers. In each case, the synthetic proved not only cheaper but better than the natural product. Plant cells are expert chemists, but they work for the plant rather than for man. Furthermore, they have little operational freedom. Man's chemical factories can work around the clock, turning out just what man wants, not incidental byproducts that may fit his requirements...
Some would drop all tariffs; others would merely lower them. But most agree on certain specific barriers that should be eliminated immediately: ¶ Repeal the "Buy American" Act of 1933, which forces the Government to buy domestic goods even when foreign bids are far cheaper...
...Navy's projected atomic aircraft carrier will have to use a cheaper power source than the $250 million breeder reactor called for in original plans. Two supercarriers now under construction will be finished, and funds to start a third will be available. Naval aviation funds will also...
...labor alike have grown unused to the risks -and gains-of an adventuresome economy. Through years of encroaching government, they have become accustomed to subsidized industry, protected markets, guaranteed full employment. Recently, Rab Butler's new National Productivity Council tried to persuade union representatives that more and cheaper production is Britain's only hope. The council got nowhere, for union men have long memories of un employment and living on "bread and drip." Said one delegate: "If you ask a Tyneside worker to turn a ship around in two weeks instead of four, he wants to know what...