Word: kaisers
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Even New Dealing, rebellious Henry Kaiser, who believes in maximum expansion (he is currently spending upwards of $45 million on Fontana alone), agreed with other steelmen that the key to more expansion is the quicker-or more realistic-write-off of its cost. In lieu of that, Kaiser has adopted his own harsh substitute. He raised the price of his Fontana steel $30 a ton to apply against the Government debt on his plant...
...Cambridge, rushed away in a state of "melancholic malaria." "I wish you would swear a sort of allegiance with me," he said. ". . . I have been much too Christian . . . I must drop all about God . . . You must drop all your democracy . . . There must be an aristocracy . . . a Ruler: a Kaiser: no Presidents & democracies...
...Nobel Prizewinner (1931), Warburg is a biochemist about whom anecdotes crystallize. In the '305 the Nazis had winked at the fact that he was "non-Aryan," allowed him to keep on working in the Kaiser Wilhelm Institute. Warburg's field was cancer research, and Hitler had a personal dread of the disease. Warburg could also manage the occupation authorities. When Berlin was first occupied, he lost his riding horses twice, once to the Russians and once to the Americans; he got them back each time...
Autos. Henry Kaiser & Joe Frazer, who have been building cars at Willow Run under a lease with options to run for 20 years, made a deal with the War Assets Administration to buy the plant. They will get Willow Run for $15,100,000, about 35% of cost. Kaiser-Frazer will pay for the plant in 20 yearly installments...
Steel for Henry. When Henry Kaiser fell out with Cyrus Eaton, his Kaiser-Frazer Corp. lost its big supplier of steel, Eaton's Portsmouth (Ohio) Steel Corp. To plug the gap, K-F last week paid some $3.6 million for the Phoenixville (Pa.) plant of the Phoenix-Apollo Steel Co., which has a capacity of around 26,000 tons a month of finished and semi-finished steel...