Word: coals
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Dates: during 1930-1939
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...hundreds of guns where they could shell Forbach from three sides, boxing it completely. To defend it would be costly in men and munitions. To surrender it would be to give Germany a keen moral victory as well as the practical advantage of getting Saarbrücken's coal mines and steel mills back into commission. With 150 German shells coming over daily to establish critical ranges, with German planes reconnoitering busily to discover France's intentions, Forbach promised this week to furnish the Western Front's first clear-cut action, Generalissimo Gamelin with his first strong...
...roads (over 31% of U. S. railroad mileage) that have gone into receivership since 1931. Driven to the wall by seven consecutive whopping deficits, its first eight months' operations this year showed a $2,709,000 net loss. Of its once lush freight business, about 50% was coal and 40% manufactured goods, and neither recovered from Depression I. With heavy fixed charges on a bonded debt of $51,198,000, the strain of depression was too much. But the straw that broke Jersey Central's back was taxes...
...steel company managements, which have nursed along their expanding, profitable West Coast market (where the asking price is generally the sales price), no proposal could be more harebrained. They object that such plants would duplicate existing facilities, that no large deposits of coking coal or iron ore exist on the West Coast to make such an industry logical. The cost of hauling raw materials would, they insist, make West Coast steel more expensive than East Coast steel plus delivery charges...
...coal problem, the Army's answer is the Columbia River's Bonneville Dam. (But Administrator Paul Raver boasted last week at the White House that demand for Bonneville power is currently twice its output.) Instead of coal (used in blast furnaces for iron-making, in open hearth furnaces for steel), West Coast steel plants would depend on electric furnaces fueled by new Bonneville generators to process iron ore (or scrap) directly into steel. A January 1938 War Department publication noted that stainless and other special electrolitic steels for war purposes are "peculiarly adapted for production in the Pacific...
Still in the Hole were nine coal-mining companies whose September bonanza served only to reduce their nine deficits from...