Word: ponts
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...contract with Hercules to put up the plant and operate it on a cost-plus basis. It was the second construction contract to be let in 1940's defense emergency for a powder mill to be operated by private industry, owned by the Government. Du Pont had signed one like it last month (for a plant at Charlestown, Ind.). These contracts were the first moves made by the U. S. Government to increase its pip-squeak peacetime powder supply. All Government powder now comes from three plants - Du Pont and Hercules and the Army's Picatinny Arsenal near...
...Hercules and Du Pont contracts were only a start. Before this empty breech of U. S. defense is properly loaded, Major General Charles Macon Wesson, Army Chief of Ordnance, has many an other contract to allot. Congress has already appropriated and authorized $244,000,000, is now ready to lay out $700,000,000 more for powder plants, for great factories where smokeless and high explosive will be loaded into small-arms ammunition (pistol, rifle, machine gun), aerial bombs, artillery shells. The Army has laid out plans for building 33 plants in five U. S. areas, has specified that...
...eight-hour day. Not until all are built, not until the 15 supplementary loading and fuse plants are completed, can General Wesson and his staff of technicians breathe easily. They will not breathe easily for a long time. Best estimate is that Du Pont and Hercules, starting their building almost together and putting on full steam, will not be in production for twelve or 13 months. How soon other contractors would volunteer to take on the building and operation of other similar plants, no one in Washington would venture...
Sharing Driver Egan's joy was Owner Charles W. Phellis, retired Du Pont bigwig, who has raised trotters for 40 years, has had four previous starters in the Hambletonian (entry fee for each starter is around $1,000). Spencer Scott brought him his first victory...
...announced it would make 4% loans for Defense construction. Packard, whose directors had tabled the order early in the week (TIME, July 15). announced a "general agreement" on the Rolls-Royce job, considered asking for an RFC loan. Meanwhile the War Department made a deal with Du Pont (which virtually forswore the munitions business after the last war) to operate a projected $30,000,000 smokeless-powder plant at Louisville. First of four such plants to be built and owned by the U. S., it will have a daily capacity of 200,000 lb., more than double the present total...