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Bombers also take a lot of magnesium alloys. U.S. magnesium production in 1940: 13,000,000 lb. Jones's RFC last week stepped farther into this field as well, put up $50,000,000 to build new Government-owned magnesium plants' However the supply of such vital military materials may fare this year and next, defense is already changing the industrial face...

Author: /time Magazine | Title: More Aluminum | 6/2/1941 | See Source »

...Government attached funds of the giant I. G. Farbenindustrie, German dye trust. Indicted last winter with several U.S. companies for violating the antitrust laws in the magnesium industry, officials refused to appear, contending they were not doing business as a U.S. corporation. The Attorney General claimed that the seizure (timed with expected receipt of $250,000 due I. G. Farbenindustrie that same day for license fees from U.S. firms) would compel the dye trust to appear before a U.S. court if it wanted to protest, w

Author: /time Magazine | Title: ALIENS: Robert Jackson's Busy Week | 5/19/1941 | See Source »

...content with cracking the West Coast cement market and invading the never-before-invaded magnesium industry (TIME, March 3), he applied to OPM last week for a certificate of necessity to build $150,000,000 worth of steel mills in the West. His plans include blast furnaces in Utah for Rocky Mountain coal and ore; electric furnaces near Bonneville Dam to use cheap Government power to convert the Utah pig and scrap iron into high-grade steel; a plant in Southern California to use electricity and natural gas (first time on a commercial scale) to smelt local ore; a plate...

Author: /time Magazine | Title: Business: Kaiser Plans a Steel Plant | 4/28/1941 | See Source »

...spent $1,062,000, once had a staff of 182 experts, looked into 95 different industries, heard 552 witnesses. It made headlines month after month with sensational charges of patent monopoly in the glass-container industry, of international patent combines which put Germany's finger in the U.S. magnesium and optical-glass industries, etc. As its permanent record it left 37 volumes of printed testimony, 43 exhaustive monographs on various phases of its study...

Author: /time Magazine | Title: GOVERNMENT: Twilight of TNEC | 4/14/1941 | See Source »

Fortnight ago, OPM's Priorities Division acknowledged the strain on aluminum and machine tools, put their customers on rations (TIME, March 10). Last week three more industries went under full priorities. Two-nickel and magnesium-were competitors of aluminum (nickel is an ingredient of stainless steel). The third was neoprene, the high-cost Du Pont synthetic which too many defense manufacturers prefer to rubber (for gaskets, hose...

Author: /time Magazine | Title: Towards a Shortage Economy | 3/17/1941 | See Source »

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