Word: ibs
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Dates: during 1940-1949
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There has just arrived at my house a parcel from California containing: 2 Ib. tea, ½ Ib. gelatine, 8 Ib. sugar, 2 Ib. cocoa, i Ib. powdered milk, 3 Ib. dried fruit...
...that prices have tripled. Greatest machine of exploitation has been the North China Development Company (capitalization: $105,000,000), which got control of everything from telegraph offices to coal mines. They ground Chinese cotton farmers so hard that many stopped growing cotton: production fell from 853,120,000 Ib. in 1937 to 173,290,000 two years later...
...babies did not do as well as the mothers. Although many were fine and healthy the average weight (6 Ib. 14 oz.) was below normal. Two were stillborn, three died at birth, four had deformities...
...main furnaces, for which Franklin Roosevelt signed a $68,500,000 TVA expansion bill last week, Reynolds will get its electricity from TVA. Reynolds Metals called its project "our contribution to national defense," claimed to be aiming for an eventual ingot production of 60,000,000 Ib. a year, which is 20% of that of Alcoa itself...
Aluminum's answers: apart from a 270% increase in 1914-16, and modest 1?increase in 1937, its price record includes cuts in the inflated 1925-29 period, two more cuts since the suit began-the second last week by 1? a Ib. to 18?, the lowest price ever. As for the bauxite monopoly, Alcoa pointed to plenty of uncontrolled low-cost ore in Surinam (Dutch Guiana), high-cost ore in Arkansas. As for national defense, Alcoa pointed to $26,000,000 worth of plant expansion in 1937, $30,000,000 worth last year. As for the ingot monopoly...