Word: coasts
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Dates: during 1930-1939
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Thereupon Elliott tried a bold stunt. He offered to hire many of the existing MBS coast-to-coast wire circuits for two hours a night, 8-10 EST. The answer was No. So last week Elliott went to work on an even bolder enterprise-a brand new national network...
Obstacles. First job of any new network is leasing point-to-point A. T. & T. circuits, which cost basically $8 a mile for a month of 16-hour radio days. A. T. & T. seldom has an oversupply of coast-to-coast circuits. Network men on the outside withheld judgment on TBS's prospects until they could find out: 1) whether TBS could get wire lines; 2) whether the business it had lined up would warrant an annual outlay of $800,000 to $1,000,000 for lines; 3) whether it could keep enough important stations in line to survive...
...week Columnist Raymond Clapper chided him for being his own Secretary of State. And last week the President himself stepped out in front as his own Secretary of something like Military Economics. At press conference he laid down a new theory: the U. S. ought to have a Pacific coast steel industry. His arguments...
...growing West Coast's growing steel demands far exceed the limited capacity of the small West Coast steel plants. (U. S. Steel Corp. has three small plants in California with combined capacities of 441,500 tons, Bethlehem has three on the Coast, with a total capacity of 380,000 tons...
...aircraft-producing area, the West Coast provides a large market for high-grade steel alloys...