Word: nets
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Dates: during 1940-1949
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Knox knew it was time to reef. In a carefully worded statement issued by the Navy, he gulped his previous words, took a new tack: "There is no great difference in the Navy and the committee figures for 1942, the net loss in gross tons being in the neighborhood of something over a million tons...
Landlubbers were reassured again. Put that way, the loss did not sound nearly as bad as the 12,000,000 deadweight tons trumpeted by the Truman Committee. But old salts were troubled. Why was the net loss given in gross tons when the U.S. Maritime Commission computes new ship construction in deadweight tonnage?* Was the Navy totting up ship construction in deadweight tons, totting up losses in gross tons, thus netting a fictitious bookkeeping profit on every deal? Or was gross tonnage chosen because sinkings could be represented by a smaller figure? Knox was silent...
Hurray for the Navy Supply Corps School (Harvard Branch)! It has been discovered in a roundabout way that student morale officers (both M and F) were busy planning social affairs, but as far as anyone could find out for a long time, their net accomplishment seemed to be the cultivation of a lovely acquaintanceship with each other. Scuttlebutt was rife on the subject of who was going to entertain whom in the very hear future when on Monday evening the matey came by to ask "All secure?" and "Are you going to the tea dance to be given...
Harding, brother of the renowned Austie, shared goalie honors on the all-League first team with Dartmouth's Al Barrett. The Crimson net-minder turned in a series of amazing performances during the winter, foremost of which were the jobs against Dartmouth, in the hectic three games played between the Indians and the Varsity, and the three game series against Yale, two of which the Crimson...
...will come from other U.S. iron deposits. But at least 3,000,000 tons (on a pig-iron basis) must be stored up to carry steel mills through the next big freeze. That means not much more than 50,000,000 tons of pig for this year on a net basis. Added to this, 1943 's 41,500,000-ton scrap goal (half from mill waste, half purchased) is just barely enough to turn out the hoped-for 92,000,000 tons of steel ingots...