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...Engineer Gano Dunn, author of one optimistic report on the adequacy of U.S. steel capacity for war needs (TIME, March 10), gave Franklin Roosevelt his second guess last week. Nub: next year the U.S. will produce 6.4 million tons of steel less than it needs...

Author: /time Magazine | Title: STEEL: Second Time Round | 6/9/1941 | See Source »

...Gano Dunn's report did not even hazard a guess at steel needs for 1943 or later. It took the view that Britain (which had to suspend imports of finished steel for two months this spring for lack of ships) would continue to need only 381,000 tons per month from the U.S. It made no mention of another basic argument for greatly increased capacity: the progressive deterioration of older, overstrained mills...

Author: /time Magazine | Title: STEEL: Second Time Round | 6/9/1941 | See Source »

...Gano Dunn's figures were as of April 30. Since then the railroads have drastically increased their estimates of car needs, and equipment builders are howling that they can't get steel. Since then a looming power shortage has caused public powerites to ask for more generators. Since then diversion of tankers to the 2,000,000-ton shipping pool has enforced huge orders for pipelines; the aircraft program has once more been enlarged; a further increase in shipbuilding is projected. Since then Crete has fallen. Puzzled laymen wondered whether Mr. Dunn's next quarterly report would...

Author: /time Magazine | Title: STEEL: Second Time Round | 6/9/1941 | See Source »

...expansionists recalled that the Institute had once promised to supply defense, Britain and civilian needs from its current capacity. They recalled that the Gano Dunn report of last February, setting 1942 "reliable" capacity at 91,100,000 tons, had predicted (with many an if) that this would be more than enough; yet steel's present operations rate of over 84,000,000 tons a year is not enough for current demand. This week a second Dunn report, recalculating supply & demand, was on its way to the President...

Author: /time Magazine | Title: STEEL: Capacity for What? | 6/2/1941 | See Source »

Creation of OPACS marks a sea change in both the President's recent views and the new commissioner's standing. Only seven weeks ago Mr. Roosevelt put himself on record with an all-out acceptance of the Gano Dunn report (which is the No. 1 red rag to New Dealers). And in January Henderson believed his "too little too late" views on the need of expansion were getting so poor a hearing at the White House that he went off on a long vacation to the Virgin Islands. About that time rumors spread that he was through with...

Author: /time Magazine | Title: PRICES: Big Stick | 4/21/1941 | See Source »

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