Word: metalized
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Dates: during 1940-1949
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Nelson sent former Ford Executive Ernest C. Kanzler off to Detroit to speed auto-plant conversion. Bill Batt bluntly told the Navy (which, with the Army, has wasted many a ton of scarce metal in froufrou) that he would cut down its aluminum supply...
...From July 1914 to May 1917, prices of metal and metal products almost doubled-up 96%. From July 1939 to mid-January 1942, the same prices advanced only...
...rubber industry's war work is rubber. Biggest surprise is Firestone's $20,000,000 order for 40-mm. Bofors anti-aircraft gun mounts and carriages. Weeks ahead on this contract, Firestone is also turning out machine-gun clips, other metal war goods. Goodyear is making sub-assemblies for Martin bombers. Goodrich makes fuel tanks and operates a $35,000,000 ordnance plant in Texas. U.S. Rubber makes zippers ("Kwik") for uniforms and operates an $86,000,000 arms plant in Iowa...
...Putting its spring catalogue in the mails, Sears, Roebuck remarked that some of the substitute materials in its merchandise "have been found to be far superior to the metal they have replaced. . . ." Examples: washing machine agitators, formerly aluminum, are now of Bakelite, vitreous china, enamel or plastic, all impervious to alkalis; a pump unit, formerly of brass and stainless steel, will use corrosion-resisting plastics...
...will cost the Treasury theoretical money to make these metal savings, since the paper profit it makes through seigniorage will be less. In 1,000 of the current brand of nickels (monetary value $50), the cost to the Treasury of the copper and nickel is only $2.05, yielding a seigniorage of $47.95. In the new silver nickels-thanks largely to the Treasury's own policy of paying 71.11? per ounce for newly mined U.S. silver-the metal will cost $38 per thousand, yielding only $12 seigniorage. But the silver would be bought and buried anyhow. So in real money...