Word: kaiser
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Dates: during 1940-1949
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When Shipbuilder Henry J. Kaiser stormed into Washington 16 months ago with plans to build 5,000 giant cargo planes in shipyards, most U.S. planemakers hooted down: 1) Mr. Kaiser, 2) the very idea. Some of them, Washington rumor said, put their best hatchet men to work to kill it. But stubborn Mr. Kaiser somehow salvaged a small Government contract from the battle. Turned down everywhere in the industry, he promptly went to work with lanky Howard Robard Hughes, movie maker, oilman, round-the-world flyer and aeronautical engineer. They planned to turn out three super-colossal planes of Hughes...
Committeemen properly asked: In view of all this, could Brewster's new president, Shipbuilder Henry J. Kaiser, get Brewster into production...
Replied Riebel: "Oh, I've dreaded that question more than any the committee could ask. It's a matter of embarrassment to a dear, dear friend of mine. . . . I say a little prayer every night for Kaiser's success at Brewster...
...Certain Kaiser. But pachydermatous Mr. Kaiser, who also appeared before the committee, showed no embarrassment, wanted no prayers. He calmly stated that Brewster's failure to produce planes for the British and for the U.S. Navy was due to lack of cooperation between labor & management. He promised to end this and get Brewster producing on schedule...
...totaling $175,000,000, is almost sick & tired of the whole thing. Retired Navy Captain George C. Westervelt, who ran Brewster for a month when the Navy took it over, reiterated the ominous warning given by James V. Forrestal, Under Secretary of the Navy. He told the committee: if Kaiser fails, all of Brewster's Navy contracts should be transferred to other companies...