Word: pounded
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Dates: during 1930-1939
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...Arms, Savage, and Winchester Arms all got big Allied orders for munitions. U. S. Steel converted a deficit of $1,700,000 before common dividends in 1914 to a net for common of $50,600,000 in 1915 and $246,300,000 in 1916. Copper went to 28? a pound in 1916 (it was stabilized in the fall of 1917 at 23?). The automobile industry which in 1913 put out 461,500 passenger cars in 1916 built...
When an 88-pound meteorite thunked into Negro Farmer Dan Solomon's best field on the night of July 11, Dr. Luke Smith bustled out from nearby Chatham, bought it for $4. It was jet black and "smooth as velvet" on one side, heavily "thumb-marked" on the other. Soon he had a score of offers for it-$200 from the University of Toronto, lesser sums from the Smithsonian Institution, the University of Pennsylvania, the University of Western Ontario in London. "Numerous private collectors have standing offers in for it," said Dr. Smith, "but only one man has come...
Astronomers were amused at ex-Dentist Smith's valuation of this quite ordinary specimen, pointed out that a meteorite containing iridium and diamonds had sold for $3 a pound. But Dr. Smith was as adamant as his merchandise, threatened to have the meteorite cut up into bits to be polished, dated, sold as souvenirs. Said he: "There probably are lots of people who would like to have a piece done up like that...
...barrels of oil (over 90% of the world total). Of this the U. S. share was about 3%. Using Norwegian killer ships, the Ulysses caught over 1,400 whales, boiled them down, sold the oil to U. S. soap manufacturers at an average price of about 5? a pound. Ready to send his refinery back to the Antarctic next December, Whaler Isbrandtsen struck a snag...
...Revenue Act of 1938 Congress put a prohibitive excise tax of 3? a pound on whale oil produced with the aid of foreign killer ships. This does not benefit U. S. harpooners because there are none but it suits U. S. farm and fish lobbies, because whale oil competes in a small way with domestic oils and fats in soap making. The whalers sponsored an amendment postponing the excise for five years. Last week Congress adjourned without acting on it. To Whaler Isbrandtsen that meant: 1) buying a fleet of killer ships (estimated cost of eight if U. S. built...