Word: opm
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...first time admitted defeat. It had shattered its shining lance on a pile of coal. For nearly a month, while operators and miners wrangled, virtually no soft coal had been mined. Emergency supplies had dwindled by the hour, while steelmakers, munition makers, shipbuilders cursed. "Criminal" was the word OPM's angry William Knudsen used two weeks ago to describe any stoppage in the defense program. Shocking, at least, were the figures which showed what had happened as the result of the stoppage in coal...
...member of the Business Advisory Council before the OPM was reformed, Elliott spent much of last summer trying to persuade the Government and business men of the necessity for piling up back-logs of industrial stocks. The original estimates of industrial reserves have since turned out to be as abourdly small as he asserted. At present, only molybdenum of the many scare metals has been piled up in sufficient quantities. Even nickel is restricted...
...OPM official, Professor Elliott often confers with Swope, Stettinious, Kaudsen, and other business barons who are working with the Government, Possibilities for salvage and for substitutes are investigated by the Industrial Materials Branch of the OPM, to which Elliott belongs...
...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...
...industry and 0PM was a promise that it would be only about 30 days late. When he tried to buy 5,000 tons of steel for barges to work on a $10,000,000 breakwater contract at San Pedro, the best delivery offer he could get was next December (OPM has now promised to get it for him in four to eight weeks). He figures that there are plenty of other West Coast buyers as eager as he for quickly available steel...