Word: lowe
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Dates: during 1940-1949
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This boost came only after a long wrangle between the parts manufacturers and OPA. Price increases had first been granted about six weeks ago, but radiomen found them too low, decided to stop shipping parts until they got more. By almost doubling the original increase, OPA made the manufacturer "reasonably happy...
...made the retailer squeal. Ordinarily, he works on a 25% mark-up on low-priced radios. Under the present policy of making him absorb part of the increase, he can get only about 10%. But most radiomen hope for an unprecedented sales volume to make up the difference. Estimates on the number of radios which will be available by Christmas range all the way from 600,000 to 3,000,000 sets. Best guess: probably below a million. The industry grumbled that this will be far less than the demand, blamed OPA for holding out too long on its ceiling...
...University of La Plata, students turned 20 blocks in the center of town into a battlefield. They blacked out the area by breaking street lights, then tripped up mounted policemen with low-strung wires. Over an improvised radio station, engineering students broadcast denunciations of the military regime...
Peacetime Japan needed over 5,000,000 tons of shipping to maintain her low standard of living; now only 420,000 tons are left. There are no oil reserves left, only 5,000 tons of cotton, only 40,000 bales of wool and only 180,000 tons of steel. Where will Japan, a great processor nation, get raw materials...
...rich Lake Superior region, the steam shovels are biting close to the bottom of the vast open-pit iron ore mines, including those in the famed Mesabi Range. Within 17 years the steel industry will have to depend on low-grade iron ores...