Word: copper
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Dates: during 1950-1959
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...Chile, back in the open copper market after failing to get a high-price contract to sell its copper to the U.S. Government, sold 10,000 tons of its 100,000-ton hoard at the going U.S. price...
...Cecil Rhodes's dictum, "Equal rights for all civilized men." Hugginsmen believe that a color bar is still necessary in primitive Africa, but gradually they hope to remove it, as the Negroes "come of age." Opposing Huggins are the diehard Confederates. Many of Northern Rhodesia's white copper miners are Boer immigrants who support the segregation policies of South Africa's Daniel Malan. Only 64,000 whites-and 444 Africans -voted last week. They decided for the Federalists, and "racial partnership," by better than 4 to 1 vote. The results in terms of seats in Central Africa...
...More than a third of the workers in plants of International Harvester, which makes Garand rifles and Army trucks, are members of the Communist-bossed Farm Equipment-United Electrical Workers. The Red-dyed Mine, Mill & Smelter Workers Union has a strong hold on U.S. production of defense metals, from copper to uranium. Party-liners are in control of the American Communications Association, bargaining agent for 5,000 Western Union employees in New York, and Communist Harry Bridges' 75,000 International Longshoremen's and Warehousemen's Union could tie up West Coast and Hawaiian ports...
...most measurements, it has come a long way since the outbreak of the Korean war. The Government set up production and capacity goals for 237 categories of goods that the U.S. would need in war. They ranged from steel, copper and other raw materials to finished products such as tanks, guns and planes. By & large, under the incentive of fast tax write-offs, i.e., permission to depreciate the cost of a plant for tax purposes in five years instead of the 20 normally required, industry has met the challenge. Despite huge civilian production, the U.S. has been able to build...
...worst laggards on this list are taconite, 70% behind the goal; titanium, 50% behind; freight cars, 31%; diesel locomotives, 39%; ocean-going ore carriers, 97%, tankers, 74%. The trouble is that in most of the laggard categories industry is being deliberately cautious. Some of the items, such as copper and lead, are not in short supply now. In fact, prices are dropping because of heavy supplies pouring in from abroad. Thus, though it may be vital to expand domestic production capacity lest foreign supplies be cut off in time of war, there is little incentive to do so. Other industries...