Word: kaisers
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...steel companies do not wish to expand their capacity, the fabulous Henry J. Kaiser of Boulder Dam fame would like to do the expanding for them...
More important, Kaiser's plan would more than double production west of the Rockies, where today there are seven plants (two owned by U.S. Steel, three owned by Bethlehem, two independents) with 1,029,670 tons capacity. Even before the defense boom, Coast consumption far exceeded its capacity; now, with a terrific expansion of shipbuilding, demand and supply are farther apart than ever. A big local steel industry to make the West independent of the East has long been a pet idea of the Army, was urged by President Roosevelt in 1939. Existing steel companies say it would cost...
...Kaiser's immediate interest in steel was raised to white heat by delivery delays which are making it impossible for him to perform his favorite trick of finishing contracts ahead of schedule. At the Richmond yards of his Todd-California Shipbuilding Corp. tank-top steel promised the first of the month did not arrive; the best Kaiser could get after protesting loudly to the steel industry and 0PM was a promise that it would be only about 30 days late. When he tried to buy 5,000 tons of steel for barges to work...
...Whether Kaiser can go ahead with his plant program depends on 1) whether the Government will help his financing with a big chunk of RFC cash, 2) whether the Government will give him priorities on the steel he needs to build his plants. With the Army, the President and several busy New Dealers keen for more West Coast steel, he figures he has at least an even chance for both. If not, he hopes that the possibility of new competition will help convince established steelmakers of the need for expansion...
...immense satisfaction they saw beefy, aging Emil Jannings play Stephanus Johannes Paulus Krüger, South Africa's famed Boer statesman, in Tobis Film's production Ohm Krüger. This Nazi rewrite of the Boer War for home consumption is pure propaganda-reminiscent of The Kaiser, the Beast of Berlin, and other thrillers tossed off during World War I to raise the U.S.'s blood to battle heat against the unspeakable Germans...