Word: jute
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There is apt to be very little more jute (or burlap, which is made from jute) for the U.S., and no abaca (Manila hemp). Those facts may sound esoteric to the layman, but they have the U.S. Government-and all who know about jute and hemp-in a frenzy...
...Production of cotton textiles is running at the fabulous annual rate of 12,500,000,000 yards. Reason: half of it is being used for war purposes, in many cases to take the place of much scarcer materials (wool, jute, etc.). Before the war, each U.S. citizen used about 20 lb. of cotton, each U.S. soldier needs about...
...decades India's chief exports have remained the same (cotton, jute, oilseeds, tea, tobacco). Yet India has iron-ore reserves three-fourths the size of U.S. deposits, huge reserves of coal, manganese, bauxite and many other minerals. Despite this raw wealth, Indian steel production, even under the spur of war, is under 1% of world production. India has a hydroelectric potential second only to that of the U.S., but only 3% is used...
...month, especially for 5,000 tons a month of rare superhard tool steel;* for between 5,000 and 10,000 tons a month of aluminum; considerable quantities of nickel. The U.S. had to turn down a request for magnesium. Britain was asked for large supplies of rubber and jute...
Wisconsin-born, he was a successful maker of gunny sacks in Texas, a keen jute speculator, when the urge to go to Washington seized him in 1934. It happened one night in a Chicago hotel. Milo Perkins sat down, wrote a letter to Henry Wallace, whom he had never met: "From childhood I have wanted to live in the world so that I could . . . leave it happier because I had worked in it. . . . I am going to throw my whole energies into working for the principles of the New Deal. . . . It occurs to me that you might have just...