Word: mille
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Dates: during 1930-1939
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...Golden Gate. Fifty-four years before, Congress had appropriated $150,000 to develop Port Orford as a harbor of refuge, but nothing was done. Gilbert Gable proceeded to spend $750,000 doing it, most of the money going for a huge breakwater dock, an administration building, a new lumber mill...
...forestall it is to make his $364,000,000 company less dependent upon labor. Since this is also the path of progressive technology, Tom Girdler found double delight last week in formally opening what Republic claims is the world's largest, fastest and most mechanized continuous strip steel mill. A 21-acre pile in Cleveland's desolate Cuyahoga River valley, the new $15,000,000 plant can turn out 70,000 gross tons of steel a month, but it employs a maximum of 2,000 men. And under last week's slim demand for steel, the mill...
Strip steel (steel rolled into plates and sheets instead of steel in ingot form) is used in an ever-increasing variety of products-tanks, freight cars, automobiles, beer barrels, stoves, refrigerators, signs. Republic's new mill is designed for "tailor-made" production to meet the special demands of each customer. Raw steel arrives at the plant in slabs as long as 16 feet, as thick as six inches, as heavy as eight tons. Shoved into three furnaces at the beginning of the production line, the slabs are cooked to a white-hot 2250°. Then, with a thud that...
...perform these complex functions, Republic's new mill relies chiefly on 1,420 electric motors, all of them so integrated and automatic that a few master switches control everything. To the charge that mills of this type reduce employment, Tom Girdler last week made the standard answer: "The number of men required to run the mill itself represents only a small fraction of the employment made possible by the mill...
...jury heard notes of awe and amazement in Attorney Burns's voice as he made it clear that the Ringling tax tricks, exuberant, huge and clever, were worthy of the late great Phineas Taylor Barnum. The Government charged that many of the evasions were run of the mill failures to report full income from gate, concessions, dividends, stock manipulations and "false, fictitious and fraudulent" deductions for debts. Among the latter was one for $50,000 from the late Promoter George L. ("Tex") Rickard, allegedly subtracted twice. But in the centre ring of alleged Ringling evasions were their incredible inventories...