Word: rosin
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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...
Less lenient was the treatment given Waterman Steamship Corp.'s Warrior, carrying pebble phosphate and rosin out of Mobile, Ala. Bought & paid for by Germany, the phosphate (5,900 tons) and rosin (600 barrels) were confiscated by Britain, ordered sold at public auction. From the Nieuw Amsterdam were taken two German spies (one of whom attempted suicide), 34 German stewards and sailors. The Dutch Government was allowed to take title to 1,500 tons of copper aboard...
...inventor of the basic processes-William Horatio Mason. A broad-shouldered, white-haired Virginia-born engineer who spent 17 of his 59 years working for the late Thomas Alva Edison, Inventor Mason went to Laurel, Miss, after the War to work out a method of removing and recovering rosin and turpentine from Southern pine lumber. He was more impressed by the waste of wood in normal sawmill operations, however, than by the possibilities of naval stores. As the price of naval stores declined after the post-War inflation his interest in waste rose. Starting with the common knowledge that wood...
...formaldehyde. Furfural may also be produced from such things as corncobs, sunflower seeds and old leaves, but oat hulls are available in large quantities at convenient places and the furfural yield is high. Three big uses for furfural are in plastics, in refining lubricating oils, in purification of wood rosin...