Word: junk
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Dates: during 1930-1939
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...warned Chairman Louis Lippa gravely. "We've got to do something about it or else close up shop." More than 1,000 waste paper dealers, brokers in rags, old rails, cracked stoves, rusty boilers and smashed automobiles, listened soberly to his plan and found it good: let junkmen junk their NRA code. "We are making the first move to withdraw from the code authority," said Chairman Lippa. "The code has not served any useful purpose...
...rose one delegate to deplore the rapidly growing automobile graveyards in vacant lots and prairies. "There's no profit nowadays in buying this junk," said he. "The cost of labor in removing the stuff would be greater than any profit you could get out of it. ... And besides there's not enough demand for this kind of material." Another delegate admitted, however, that Japan, biggest buyer of U. S. scrap (TIME, March 11), was now buying 400 tons of scrap aluminum a month. "They can use this material for making fuse caps," said...
...Japanese shipping agent in Manhattan buys a cargo of rusty old rails, iron pipe, sawed-off steel girders, stoves, smashed automobiles. He loads it into a creaky freighter already headed for the junk heap. Manned by Japanese, the ship takes on enough coal for one voyage, limps south through the Panama Canal, manages to reach Nagasaki 11,000 mi. away. There the cargo is dumped into smelters. The ship proceeds to Osaka where, in the world's largest ship-breaking yard, acetylene torches reduce its hull to hunks of scrap. The crew works back to New York for another...
...shortage. Scrap is abundant, they say. There are about 750,000,000 tons of steel in use in the U. S., part of which must go into scrap every year as new steel is forged. Theoretically, the entire 1928 production of automobiles is ready for the junk heap this year. And compared with annual domestic scrap consumption of 17,000,000 tons, last year's exports of 1,835,000 tons was only a piffling 10%. Because scrap is an international commodity, it tends to flow to countries whose steel industries are operating at capacity. Japan's steel...
...sharply critical analysis of Japan's scrap buying by Ray Tucker, longtime Washington newshawk. Reporter Tucker concluded that Japan's demand for scrap was unmistakably for the purpose of 1) modernizing her army, 2) hoarding steel in case of war, and 3) constructing naval auxiliaries. "The junk piled up in American backyards during five years of depression," wrote he. "is helping to forge a modern, Oriental fighting machine against the day when the bugles blow again...