Word: junkmen
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Dates: during 1940-1949
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...their 15 years as junkmen in New York, brothers Morris and Julius Lipsett had handled such big jobs as scrapping Manhattan's Second Avenue El, the old approaches to the Brooklyn Bridge, and the liner Normandie (TIME, Oct. 14, 1946). So they expected no trouble when they bought the decommissioned battleship New Mexico for $381,000 (original cost in 1917: $17,348,200). But last week as the New Mex, shorn of her power plant and with holes bored in her big guns, was towed from Boston toward Newark, trouble hit her like a spread of torpedoes amidships...
...bounced a flourishing black market. Renovators were paying junkmen $6.50 for used coil springs, were reselling them to retailers...
...Materials can smash price ceilings right & left. Thus hard-to-get scrap which regular junkmen have bypassed for months (because it was out of reach under OPA's ceilings) will be easy pickings for Jesse Jones. First on War Materials' fight card are obsolete buildings, rusty bridges, broken-down machinery...
...more steam behind its junk-your-jalopy campaign, in New York and New Jersey asked auto dealers and junkmen to turn in at least 420,000 old autos by year's end (normal: less than 100,000). Since each jalopy yields 1,500 lb. of steel scrap, 30 lb. of lead, 25 lb. of copper and 22 lb. of zinc, the junk-auto scheme could mean a fat addition to U.S. metal supplies...
...enough to bring in more ordinary scrap than ever before, they are not high enough to give the most essential scrap collector of all, the small junk dealers, an adequate incentive for abnormal effort. They are not even high enough, in fact, to keep a lot of small junkmen in business...