Word: haucke
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...Testified former Auditor A. W. Hauck, "It seems to me all Ferguson-Oman officials and employes are organized to cost the Government every dollar they...
Basis of SPAB's action was a report by OPM's white-haired steel expert, William A. Hauck. At his instigation, 30 steel companies had submitted specific plans for expanding their plants in 15 States. Their plans kept the regional distribution of the U.S. steel plant about where it was before. One noteworthy change: the Pacific Coast, with 1,865,300 tons of new pig iron and steel ingot capacity projected, was to be made virtually self-sufficient...
Though the U.S. needs all this steel and then some, SPAB took no action on a further Hauck recommendation for 5,000,000 more tons if & when "practicable." Reason: even 10,000,000 tons, however essential, looked less "practicable" every week. The 3,000,000 tons already under construction are the easy ones-opening up and reconditioning idle furnaces, adding new furnaces here & there to existing plants. From now on the going gets tough...
Furthermore, Mr. Hauck's report flatly stated that, without "highest priorities," no further expansion should be undertaken. He estimated that it would take 1.3% of current steel capacity (over 1,100,000 tons) in each of the next two years to build the new furnaces. With priorities as high as A-3 already a joke, that looks like a lot of steel-unless Don Nelson's famed inventory study turns up some big hoards of the right kind of steel, and his new allocation program (TIME, Oct. 6) succeeds in prying it loose...
Says young Sigfrid Hauck: "I have great plans and great hopes. . . . When I get a bestseller, we'll build a garage...