Word: rosin
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Dates: during 1940-1949
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...17th Century first exploited Southern pine forests for pine tar & pitch (for calking ships' hulls, tarring rope), pine products are called naval stores. Three hundred years later the same timberlands (from North Carolina to Texas) yielded 80% of the world's turpentine (for thinning paint) and rosin (for soap, paper making, varnishes), still called naval stores. By 1900 this industry was turning out annually 600,000 bbl. of turpentine, 2,000,000 bbl. of rosin, hit $63,500,000 in 1921. Of that lush business, some 60% was in exports. In all those years turpentiners...
...well over $30,000,000. For 1939 biggest item of U. S. sales was automobiles and accessories worth $22,210,000. To Scandinavia went $24,102,000 in U. S. metals and manufactures, $28,853,000 in coal, petroleum products and other nonmetallic minerals, $12,624,000 in tires, rosin, soybeans, tobacco; other millions in food, machinery, textiles, aircraft. Scandinavia might well have doubled its 1939 U. S. purchases, if World War II had not moved north...