Word: lowe
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Dates: during 1940-1949
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...awarded on a negotiated basis, rather than on competitive bids. Most obvious purpose: to save time and red tape. But Douglas MacKeachie also announced that each contract would contain a standard renegotiation clause, which, if properly used, could not only 1) save money and time on contracts to efficient, low-cost producers, but 2) encourage the smaller, higher-cost firms who fear going broke on a fixed-price contract...
This wealth consists of high-cost, low-grade ore reserves, mostly scattered throughout the West. Five years ago the U.S. sneered at the absurdity of autarchic economics when the Hermann Göring Works was built to use Germany's low-grade iron ore. The U.S. then had more rich ore than it could smelt. But in wartime every paper resource may be a real resource, and price is no object. If the U.S. is in for a long war, Ickes' adventure into autarchy may mean the difference between victory and defeat...
...Much U.S. ore, either low-grade or in small deposits, is untouched because no hitherto commercial methods* of treating it have been developed. Ickes proposes to turn small scattered iron-ore deposits into sponge iron by the gaseous reduction process, smelt the sponge iron in electric furnaces...
...wants pilot plants to test other noncommercial methods of treating low-grade copper, lead, zinc and other ores. He wants an electro-development laboratory in the Bonneville and Grand Coulee district to experiment with the local geology...
...showers" shone like the panes of a cathedral while he moved "gently forward, swaying to right and left like a loaded hay-wain," towards Arras, which stood at the root of a tree of flame. He flew over a plain stiff with guns, within range of every caliber, too low to bail out; at 2,000 feet "you drain the cannonade of a whole army." Nursing, from a memory of childhood, "the sense of sovereign protection," he was all but persuaded that each of his enemies, caught in some lassitude of the spring twilight or weariness of war, was going...