Word: magnesium
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...Federal grand jury in New York last week indicted Aluminum Co. of America, four other U. S. firms and seven of their officers for conspiring with I. G. Farben-industrie to discourage production of magnesium in the U. S. Claiming to have found "starling evidence of German influence," the Justice Department called the case its "most important in a year...
...effort, Thurman Arnold changed his tactics. Instead of attacking trusts for sins against a free economy, he attacked them for sins against defense. To reporters he talked darkly about patent monopolies through which German firms were holding up prices and production in the U. S. He talked particularly about magnesium, in which Aluminum Co. of America holds important patents jointly with the famous I. G. Farbenindustrie (German Dye Trust...
...Magnesium weighs 33% less than aluminum, 75% less than steel. As strong (in tensility) as the best cast iron, it can be used in airplane motors, crankcases, landing wheels, pontoons; the weight it saves can then be switched to gasoline or bomb load. It also has important military use in lightweight bomb casings and (because of the inflammability which once made it invaluable to photographers as flashlight powder) in parachute flares, incendiary bombs, tracer bullets. German production, according to Arnold, has jumped 500% since 1938 (to an estimated 25,000 tons last year...
...Fairchild Aviation Corp. announced development of a device which enables military plane pilots to take photographs of ground objectives at night, at altitudes up to 5,000 ft. The airman drops a powerful magnesium-powder flash bulb equipped with a time fuse which explodes it near the ground. The flash actuates a photoelectric cell in the plane, which instantly trips the camera shutter...
...taken for granted in 1940. Standard Oil and Goodrich built plants to make synthetic rubber (which is no trick) and to make it cheaply and in tonnage (which is). Meanwhile, among hundreds of unsung corporate pioneers, Champion Paper & Fibre made newsprint from Southern pine, and Dow Chemical extracted magnesium from the sea water that laps Freeport, Tex. What may yet prove the year's most useful discovery was less romantic: at South Bend, Studebaker was testing out a turret-lathe that could turn one shell a minute...