Word: rawness
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Dates: during 1940-1949
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Until last week, World War IPs priorities operations had been divided and subdivided. In the Office of Production Management, priorities were theoretically managed by Edward P. Stettinius as priorities chief in charge of raw materials and commodity production; and certainly affected by Donald M. Nelson as procurement chief; Leon Henderson through price controls; John D. Biggers through processing Awhile the Interstate Commerce and Maritime Commissions supervised delivery priorities; the Bituminous Coal Division, Federal Trade and Federal Power Commissions all had dabbling hands...
Once long before, he lived on dog biscuits rather than quit vaudeville. A raw bumpkin out of Sedalia, Mo., where he was born in 1903 and christened Lewis Delaney Offield, he went to Manhattan and got his first job-phone clerk in the New York Stock Exchange. It still gives him a solid pleasure to revisit the Exchange from time to time and gaze upon his former employment from the dignified visitors' gallery...
...weeks before war was declared, after six weeks of intensive effort, Baruch, commissioner in charge of raw materials, had set up organizations for total war: industrial committees of leaders in the great materials groups: leather, rubber, steel, wool, nickel, oil, zinc, coal, spruce wood. Then, at a time when War Department officers had no plans, even hypothetical, for the organization and equipment of an army of any size, the Advisory Commission began calculating what an army of 1,000,000 men would need...
Other costs have mounted too. Wages reached an all-time high. The National Industrial Conference Board put hourly factory-worker pay in February at 76?, 4? above a year ago. The Bureau of Labor Statistics' price index of industrial raw materials (August 1939-100) stood last week at 138.1, up 20% in twelve months...
Heads will willingly nod when MacLiesh and Cushman rattle off their figures on the raw material self-sufficiency of the Western Hemisphere, (granting their optimistic stock-piling, substitute-developing, and full domestic exploitation assumptions); they will nod a little more dubiously when the authors discuss U. S. defense bases and army-navy-air power; they may still be nodding when the argument is persuasively made for at least the short-run military impenetrability of the Western Hemisphere. But as the authors draw steadily away from the safe ground of indisputable fact and into the whirlpool of opinion, this head...